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It is important because it provides confidence to the market so people would buy goods.

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Related Questions

What important role did the Second Bank of the US play?

it kept the US money supply stable


What is one way the federal makes the economy more stable?

it changes the supply of money


What is one way the federal reserve makes economy more stable?

it changes the supply of money


If the money supply declines while the amount of goods remains stable will each unit of money be more or less valuable?

more


Why was the creation of a national bank so important to the U.S economy?

The national bank controlled the money supply


The idea that prices income and economic stability are primarily a function of growth in the money supply is called?

This is known as money, or currency, stability. Prices, income and economics must be stable and constant in order for the money supply to grow.


What are the differences between the central bank of Nigeria and world bank?

central bank perform various actions but its most important job is to make certain that the national currency and money supply remain stable


Why is it important for money to be durable and limited supply?

Need and wants.


What is a stable food supply?

stable food supply is having enough food to feed civilization


The belief that the money supply is the most important factor in macroeconomic performance is?

Monetarism ;)


What is the belief that the money supply is the most important factor in macroeconomic performance?

monetarism


Did Athens have stable food?

As a civilization, you have to have seven different qualities. One of them is a stable food supply. As we all know, Athens was a civilization, therefore, they had a stable food supply.