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Inflation is a(n) _____ in the prices of many goods and services, which _____ purchasing power.
Question
Asked 5/28/2013 8:36:08 AM
Updated 6/19/2016 7:05:04 PM
1 Answer/Comment
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Flagged by emdjay23 [6/19/2016 7:05:03 PM]
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User: Inflation is a(n) _____ in the prices of many goods and services, which _____ purchasing power.

Weegy: Purchasing power is Purchasing power (sometimes retroactively called adjusted for inflation) is the amount of goods or services that can be purchased with a unit of currency. [ For example, if you had taken one dollar to a store in the 1950s, you would have been able to buy a greater number of items than you would today, indicating that you would have had a greater purchasing power in the 1950s. ]
MrG|Points 3984|

Question
Asked 5/28/2013 8:36:08 AM
Updated 6/19/2016 7:05:04 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [6/19/2016 7:05:03 PM]
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Inflation is an increase in the prices of many goods and services, which decrease purchasing power.
Added 6/19/2016 7:05:04 PM
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