Question

What are the three main outcomes of public policy aimed at economic stability?

Answer 1

Answer;

• High employment,
• Steady growth, and
• Stable prices

Step-by-step explanation;

• Promoting economic stability is partly a matter of avoiding economic and financial crises, large swings in economic activity, high inflation, and excessive volatility in foreign exchange and financial markets.
• Economic stability means the economy of a region or country shows no wide fluctuations in key measures of economic performance, such as gross domestic product, unemployment or inflation.