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

Prices levels
Purchase power
Job opportunity

User Bschreck
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2 Answers

4 votes

Answer:

Purchase power

Step-by-step explanation:

User Nick Sloan
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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 number of goods that people can afford.
User Kabus
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