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If you know the meaning can please you tell me how to picture out that word?
Thanks a lot!

2006-11-04 22:18:17 · 1 answers · asked by Hybrid Angel 2 in Social Science Economics

1 answers

Economic instability means that an economy fluctuates between growing quickly (with lots of jobs) and growing weakly or possibly shrinking (eg a recession, with rising unemployment).

Economic stability is the reverse of this - an economy that growing steadily and sustainably, gradually reducing unemployment etc with inflation remaining under control. This is not normally something that you have to 'cope' with, since it what most economists and governments want.

2006-11-06 12:16:57 · answer #1 · answered by eco101 3 · 0 0

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