Stability (economics)/Definition: Difference between revisions

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imported>Nick Gardner
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The tendency of a [[market]], or other system,  to return to its former state of [[economic equilibrium|equilibrium]] after being displaced from it by a [[demand shock]] or a [[supply shock]].
The tendency of a [[market (economics)|market]], or other system,  to return to its former state of [[economic equilibrium|equilibrium]] after being displaced from it by a [[demand shock]] or a [[supply shock]].

Latest revision as of 18:47, 7 March 2024

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Stability (economics) [r]: The tendency of a market, or other system, to return to its former state of equilibrium after being displaced from it by a demand shock or a supply shock.