When we say the cost of living has gone down, we mean that, looking broadly over a range of goods and services, a dollar buys _______ it used to buy.

Name: When we say the cost of living has gone down, we mean that, looking broadly over a range of goods and services, a dollar buys _______ it used to buy.
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When the cost of living decreases, it means that the purchasing power of money has increased, allowing a dollar to buy more goods and services than it previously could.

When We Say the Cost of Living Has Gone Down