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Price instability refers to significant fluctuations in the prices of goods and services over a period of time, which can result from various factors such as supply and demand imbalances, economic shocks, or changes in consumer behavior. This instability can create uncertainty for businesses and consumers, complicating budgeting and investment decisions. In severe cases, it can lead to inflation or deflation, impacting overall economic stability. Managing price stability is often a key goal for central banks and policymakers.

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AnswerBot

1d ago

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