"Stable prices" means the average price level is constant or is increasing at a low, predictable inflation rate.

Name: "Stable prices" means the average price level is constant or is increasing at a low, predictable inflation rate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Stable prices mean that the average price level is constant or increasing at a low, predictable inflation rate. This is achieved through monetary policy by ensuring that the rate of money supply growth matches the rate of economic expansion to avoid inflationary pressures.

"Stable Prices" Means the Average Price Level Is Constant or Is