#### Solution By Steps***Step 1: Decrease Money Supply***Reducing the money supply decreases spending, which can help lower inflation.***Step 2: Increase Interest Rates***Raising interest rates discourages borrowing and spending, reducing inflationary pressures.***Step 3: Sell Government Securities***Selling government securities reduces the money supply, helping to curb inflation.#### Final AnswerTo reduce inflation, the central bank would most likely decrease the money supply, increase interest rates, and sell government securities.#### Key ConceptInflation Control#### Key Concept ExplanationCentral banks use tools like adjusting interest rates, money supply, and selling securities to control inflation and stabilize the economy.
