Question

For what development price rise along with stability is beneficial? ` answer in one or two ​

Answer 1

Explanation:

Price stability implies avoiding both prolonged inflation and deflation.

Inflation is a rise in the in the general price level of goods and services in an economy over a longer period of time resulting in a decline in the value of money and purchasing power. Deflation is a decrease in the general price level of goods and services over a longer period of time. Too rapid inflation is negative for many reasons: it complicates the economic decision-making process and slows economic growth. In addition, inflation diminishes the value of savings. Deflation is accompanied by the threat of a slowdown in