Question

Explain stability in the price level with example .

Answer 1

Answer:

It enables consumers to identify the relative prices of goods and services. These changes are Included in the variations of the general price level. For example =we assume that the price of product increases 4%

Answer 2

Answer

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Price Stability :-

Wide fluctuations in prices fall the very process of economic development of a country. For bring out stability and prices it is very essential that means of transport are well developed. Means transport help in bringing the best between demand and supply of commodities and thereby check this price fluctuation.

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Additional Information :-

This enables people to break their isolation from other parts of the country. People will be encouraged to visit different places within or outside the country.

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