For what development price rise along with stability is beneficial
Answers
Price stability implies avoiding both prolonged inflation and deflation. 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.
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Answer:
Price stability implies avoiding both prolonged inflation and deflation. 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.
Explanation:
The objective of price stability refers to the general level of prices in the economy. It implies avoiding both prolonged inflation and deflation. Price stability contributes to achieving high levels of economic activity and employment by. improving the transparency of the price mechanism.