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Define the macroeconomic stability in market for promoting development.

Macroeconomic stability implies that:

• Tight fiscal policy that is balanced government budgets and decreased health and also education budgets. Public sector employees may be made jobless to make sure G=T

• Tight monetary policy to attain low inflation that raises the costs of borrowing to firms.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9580392

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