Why would stable prices be a goal of the US government?

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12-02-2017
Business

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Why would stable prices be a goal of the US government?

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loreallove1 loreallove1 · Answer 1 · 2017-02-12T08:45:32+01:00

loreallove1 loreallove1

12-02-2017

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

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ractor03 ractor03 · Answer 2 · 2021-02-06T02:46:24+01:00

ractor03 ractor03

06-02-2021

Answer:

Inflation is harmful to the economy as a whole.

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