Low and stable inflation is an important pre-condition for achieving a sustainable growth of output and employment.

Name: Low and stable inflation is an important pre-condition for achieving a sustainable growth of output and employment.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Low and stable inflation helps in maintaining the purchasing power of money, reduces uncertainty, encourages savings and investment, and contributes to economic stability, which are all crucial for sustainable growth in output and employment.

Low and Stable Inflation Is an Important Pre-Condition for Achieving