____________ term is used to characterize the value of a currency by describing the amount of goods and services that can be pur

Question

alexdok [17]

3 years ago

14

____________ term is used to characterize the value of a currency by describing the amount of goods and services that can be pur

chased by a dollar at a given time. Inflation tends to decrease this value.

Social Studies

1 answer:

Lana71 [14] · Answer 1 · 2022-02-18T14:52:59+03:00

Lana71 [14]3 years ago

6 0

Answer:

Purchasing Power

Explanation:

Purchasing Power is the term used to characterize the value of a currency by describing the amount of goods and services that can be purchased by a dollar at a given time. Inflation tends to decrease this value.