Showing posts with label Monetary Stability. Show all posts
Wednesday, January 25, 2023

What is Monetary Stability?

Monetary stability is a term used to describe the ability of a country’s economy to maintain a stable price level and low inflation rate. It is an important concept in economics and is closely related to the concept of economic growth. Monetary stability is achieved when the money supply is kept in balance with the demand for money. This balance is maintained by the central bank of a country, which is responsible for setting the interest rate and controlling the money supply.

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