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Purchasing Power

Purchasing power refers to the amount of goods and services that can be purchased with a given amount of money. It is influenced by the overall level of prices in the economy and the amount of money people have to spend. Continue Reading Below

    Related Topics

    • Checks (cheques)
    • Cost of Living
    • Costs
    • Gold Standard
    • Legal Tender
    • Monetary System
    • Money
    • Money Circulation
    • Money in Everyday Life
    • Money Supply