Question

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

price levels
purchasing power
job opportunities

Answer 1

B) Purchasing Power

Step-by-step explanation:

I got it right on Odyssey!

Answer 2

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 amount of goods that people can afford.