Social Sciences, asked by bamaniyajay600, 2 months ago

For what development price rise along with stability is beneficial

Answers

Answered by JyeshthaGoswami
3

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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Answered by okieedokiee
0

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.

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