Purchasing power is a function of:
A)prices, income, fixed commitments and government credit policy.
B)prices, debt levels, income and fixed commitments.
C)income, credit availability, prices and debt levels.
D)income, prices, savings and credit availability.

Question

Quizplus · Accepted Answer

Purchasing power is primarily determined by income, prices, savings, and credit availability, as these factors directly influence an individual's or entity's ability to buy goods and services.

Purchasing Power Is a Function Of