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kaheart [24]
3 years ago
14

Changes in the buying power of the dollar are measured by

Social Studies
1 answer:
Sergeu [11.5K]3 years ago
5 0

Answer: the consumer price index

Explanation:

Hi, the consumer price index (CPI) is a measure of the average variation of price paid by consumers for a market basket of consumer goods and services.

The buying power of the dollar has a negative correlation with the CPI. If the CPI increases, the buying power of the dollar decreases.  

So, the CPI can be used as a measure for the buying power of the dollar.

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