2.3 - Price Stability
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is price stability?
💡 Hint: Think about how prices would behave over time.
What is the CPI?
💡 Hint: Consider what the 'basket of goods' might mean.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What does price stability aim to achieve?
💡 Hint: Consider what stability means in economic terms.
True or False: CPI is used to measure inflation.
💡 Hint: Think about the purpose of the CPI.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Evaluate how price instability could impact a small business's ability to plan for the future.
💡 Hint: Consider what happens to demand if prices are erratic.
Discuss the potential consequences of achieving 0% inflation for the economy.
💡 Hint: Think about the Incentive to spend when prices are constant.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.