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If the average price level increases by 2 percent this year, price stability has been achieved. True Or False (i need help right now!!!! im so confused!!!!

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Answer:

True

Step-by-step explanation:

Price stability is achieved when inflation, the general increase in the price level of goods and services over a period of time, reaches a relatively low level, usually from 1 - 3%.

For this reason, an inflation level (average price level increase) of around 2% would be considered as price stability by any contemporary central bank.

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