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Juliette [100K]
3 years ago
8

How does inflation influence purchasing power?

History
1 answer:
choli [55]3 years ago
8 0

Answer:

Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.

Explanation:

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Some of the reforms that were put in place after the Triangle Shirtwaist Company fire were:

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