Question

when did you say country's economy is stable​

Answer 1

Answer:

ᴇᴄᴏɴᴏᴍɪᴄ sᴛᴀʙɪʟɪᴛʏ ʀᴇғᴇʀs ᴛᴏ ᴀɴ ᴀʙsᴇɴᴄᴇ ᴏғ ᴇxᴄᴇssɪᴠᴇ ғʟᴜᴄᴛᴜᴀᴛɪᴏɴs ɪɴ ᴛʜᴇ ᴏᴠᴇʀᴀʟʟ ᴇᴄᴏɴᴏᴍʏ. ᴀɴ ᴇᴄᴏɴᴏᴍʏ ᴡɪᴛʜ ᴄᴏɴsᴛᴀɴᴛ ᴏᴜᴛᴘᴜᴛ ɢʀᴏᴡᴛʜ ᴀɴᴅ ʟᴏᴡ ᴀɴᴅ sᴛᴀʙʟᴇ ᴘʀɪᴄᴇ ɪɴғʟᴀᴛɪᴏɴ ɪs ʟɪᴋᴇʟʏ ᴛᴏ ʙᴇ ʀᴇɢᴀʀᴅᴇᴅ ᴀs sᴛᴀʙʟᴇ. ᴀɴ ᴇᴄᴏɴᴏᴍʏ ᴡɪᴛʜ ғʀᴇǫᴜᴇɴᴛ ʙᴏᴏᴍ-ʙᴜsᴛ ᴄʏᴄʟᴇs ᴀɴᴅ ᴠᴀʀɪᴀʙʟᴇ ᴘʀɪᴄᴇ ɪɴғʟᴀᴛɪᴏɴ ᴡᴏᴜʟᴅ ʙᴇ ᴄᴏɴsɪᴅᴇʀᴇᴅ ᴀs ᴜɴsᴛᴀʙʟᴇ.

Answer 2

Explanation:

In conclusion, the consensus among economists is that economic stability occurs when there is consistent growth. However, this growth can be measured in many forms. Many believe that a true measurement of economic growth and stability should rely on real GDP (Mankiw, 2001; Department of Finance; Haberler, 1973).