PRICE STABILITY: The condition in which the average price level in the economy does not change or changes very slowly. This is a key part of the macroeconomic goal of stability (the other two are full employment and growth). Price stability is commonly indicated by the inflation rate, calculated as percentage changes in either the Consumer Price Index (CPI) or the GDP price deflator. However, price stability is more generally the ABSENCE of large or rapid increases or decreases in the price level.

     See also | economic goals | macro goals | stability | full employment | growth | inflation | inflation rate | Consumer Price Index | GDP price deflator | price level |

PRICE STABILITY, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2018. [Accessed: October 20, 2018].

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Markets, exchanges, and other assorted economic activities that deal with legal or paper claims on physical assets rather than the physical assets. The vast majority of activities for the paper economy take place through financial markets. The paper economy complements production and consumption activities of the real economy that involve product markets and resource markets.

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