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Purchasing power.
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Asked 12/9/2016 1:48:39 PM
Updated 5/29/2023 8:43:42 AM
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Edited by yumdrea [5/29/2023 8:43:25 AM]
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User: Purchasing power.

Weegy:
Buyer power is high if: DIFFERENTIATION IS LOW.




User: Price index.

Weegy:
Indices means a sequential arrangement of material, especially in alphabetical or numerical order.




Question
Asked 12/9/2016 1:48:39 PM
Updated 5/29/2023 8:43:42 AM
2 Answers/Comments
This conversation has been flagged as incorrect.
Edited by yumdrea [5/29/2023 8:43:25 AM]
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Purchasing power is the value of a currency expressed in terms of the number of goods or services that one unit of money can buy.

Added 5/29/2023 8:43:26 AM
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A price index is a normalized average of price relatives for a given class of goods or services in a given region, during a given interval of time.

Added 5/29/2023 8:43:42 AM
This answer has been confirmed as correct and helpful.
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Define the term peak as it is used in economics. A. a point of an economic contraction B. the lowest point of an economic recession C. a steady depression D. the highest point of an economic expansion
Weegy: The term peak as it is used in economics is the highest point of an economic expansion. (More)
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