In the long run,the price stability goal is inconsistent with other goals,such as economics growth,stability of financial markets,etc.

Question

Quizplus · Accepted Answer

Price stability is often seen as a prerequisite for achieving sustainable economic growth and stability in financial markets. Central banks aim to maintain a low and stable rate of inflation to provide a reliable environment for businesses and households to plan their investments, savings, and spending. Therefore, price stability is not inconsistent with other goals; instead, it reinforces them.

In the Long Run,the Price Stability Goal Is Inconsistent with Other