3 years ago

Inflation can decrease __, which reduces the reduces the amount of goods and services a person can afford

1 answer:

8 0

Inflation is the situation in which the same amount of money is worth less- meaning that it will have less purchasing power (so one can buy less for 100 dollars now than 10 years ago) - the correct answer is "purchasing power". Lower purchasing power reduces the amount of goods that people can afford.

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