Price stability occurs when the average of the prices for goods and services does not change much;when they go up,we experience inflation.

Name: Price stability occurs when the average of the prices for goods and services does not change much;when they go up,we experience inflation.
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Question

Quizplus · Accepted Answer

Price stability refers to a situation where the average level of prices in the economy does not change significantly over time. When prices go up, it is an indication of inflation, which is the opposite of price stability.

Price Stability Occurs When the Average of the Prices for Goods