_____ occurs when the average of the prices for goods and services either does not change or changes very little.
A) Inflation
B) Price stability
C) Deflation
D) Economic downturn

Question

Quizplus · Accepted Answer

Price stability occurs when there is little to no change in the average prices of goods and services. This is different from inflation, which is marked by a sustained increase in prices, and deflation, which is marked by a sustained decrease in prices. Economic downturns could be associated with either inflation or deflation, but do not necessarily imply price stability.

_____ Occurs When the Average of the Prices for Goods