Because if NGDP were growing at a stable rate then the log of NGDP would be a perfectly straight line.
Like any fixed exchange-rate system, a currency board offers the prospect of a stable exchange rate, which can promote both trade and investment.
He added: "I think that we must, at the international level, argue for a co-ordinated approach that will allow us to have a stable exchange rate... exchange rates should not be subject to moods or speculation, ".
Moreover, the Central Bank is likely to welcome the strengthening of the BRL, as appreciation can help ease some of the building inflationary pressure that higher food prices and a stable exchange rate were allowing to flow through to the economy.
There has been endless debate about whether the economy has been changed, through new technology and so forth, so that a much lower jobless rate is now compatible with a stable, low rate of inflation.
Only the flood of petrodollars coming into the government's coffers is keeping the exchange rate stable.
It subsequently did this in two stages in early 2009, by leaving the SVRs stable while bank rate fell.
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Experts say that Egypt needs about 700, 000 new jobs to be created each year just to keep the unemployment rate stable.
He should put the ECB's money where his mouth is, selling euros and buying dollars to keep the exchange rate stable.
The central bank steered a careful course between providing liquidity for banks whose deposits were fleeing, and keeping the exchange rate stable.
If, as a result of capital inflows, there is an excess supply of foreign currency, the central bank must buy it and sell yuan to keep the exchange rate stable.
If interest rates rise, active fixed-income investors could invest in short-term bonds, which tend to remain fairly stable in rising rate environments, or use floating rate funds, which are more insulated from the negative impact of rising rates.
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Ireland's unemployment rate remained stable compared with a year ago, at 14.2%, according to the report from the European Union's Eurostat statistical bureau.
As you will notice, with the exception of the 1976 election, each time the unemployment rate was stable or falling, the incumbent was reelected.
The number of women dying as a result of alcohol has fallen slightly between 2009 and 2010, however, the long term figures show the death rate is stable at just over eight per 100, 000 for women.
Cyprus offers a 10 percent corporate tax rate and relatively stable political situation.
The jobless rate consistent with stable inflation has gone up, and, as a result, the apparent loosening in the labour market will prove illusory.
And overall, its growth in revenue and gross profit is stable, while its growth rate in net income, on quarter over quarter basis, remains impressive.
Their exchange rate should be stable in relation to the euro.
NAIRU, the unemployment rate consistent with stable inflation, has fallen.
All this makes the labour market harder to read: it seems that the unemployment rate consistent with stable inflation has fallen, but it is hard to say how far.
Once workers try to catch up, the old relationship will re-emerge and the unemployment rate consistent with stable inflation will rise back to its previous level of above 5%, from a low of 3.9% last year.
Mr Ainsworth said the armed forces' retention rate was "broadly stable".
So, if the exchange rate has been remarkably stable, in recent months, you shouldn't necessarily read that as a signal that the euro will get through this intact.
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The most that they could do was to provide a stable environment for growth, by controlling the rate of inflation.
The first article shows that the actual rate of inflation less falling or stable housing costs is 4.68% in a recession, when US Treasuries are giving us 2% and bank accounts nil.
"The murder rate goes down, and shootings are stable, so there is also a question of whether medical care has improved, " said Jeffrey Fagan, a criminologist and law professor at Columbia University.
The rate is now close to that of fairly stable Brazil.
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Those blighted areas exaggerate the Memphis vacancy rate, Fogelman says, which has been stable at 7 percent to 8 percent in most of the city's other submarkets.
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