Question

Economic stability?​

Answer 1

Answer:

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Explanation:

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Answer 2

In general sense,the term economic stability refers to consistency in the macroeconomic trend without any unpredictable macroeconomic fluctuations in the economy.

Explanation:

From a macroeconomic standpoint,economic stability implies stability in various macroeconomic components such as business cycle changes,inflation,output or GDP level,overall consumption,capital investment,fiscal and monetary instruments such as government expenditure and money supply and so forth.The stability is maintained by a smooth,predictable and undisturbed trends in these aforementioned components.An economy characterized by unstable frequent and unpredictable fluctuations in inflation rate,government expenditure,business cycle,output or GDP growth,recessionary impacts can be ideally identified as unstable.