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1.As a consumer why do we want price stability? help please...
Price stability supports higher living standards by reducing uncertainty about general price developments, thereby improving the transparency of the price mechanism. It makes it easier for consumers and companies to recognise price changes which are not common to all goods (so-called “relative price changes”).
Price stability supports higher living standards by reducing uncertainty about general price developments, thereby improving the transparency of the price mechanism. It makes it easier for consumers and companies to recognise price changes which are not common to all goods (so-called “relative price changes”).
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