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Define Economic Stability

[Summary]Economic stability is a situation in which an economy experiences constant growth and low inflation. When economic stability... What is economic stability? | Reference.com Quick Answer Economic stability is a common term used to describe the financia

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Define Economic Stability

Economic stability is a situation in which an economy experiences constant growth and low inflation. When economic stability...

What is economic stability? | Reference.com

Quick Answer

Economic stability is a common term used to describe the financial system of a country that shows a consistently low rate of inflation and minor variations in the output growth. It is normally believed to be a desirable condition for any developed state, and the central bank is often seen encouraging the process through various plans, policies and actions.

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