In Order to Achieve Price Stability,inflation Must Be Zero

question 133

True/False

In order to achieve price stability,inflation must be zero.
As long as inflation is 3 percent or less,price stability has been achieved.

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Definitions:

Life Insurance Contract

An agreement in which an insurer promises to pay a designated beneficiary a sum of money upon the insured person's death, in exchange for premiums paid by the policyholder.

Insurer's Risks

The potential for financial loss that an insurance company agrees to cover under the terms of an insurance policy.

Insurance Broker

A professional intermediary who acts on behalf of clients to find and arrange appropriate insurance coverage from insurers.

Independent Contractor

is an individual who provides services to another entity under terms specified in a contract or agreement, without being legally considered an employee.