Real wealth changes with

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Real wealth refers to the purchasing power of an individual's or entity's assets, which changes with the price level. When the price level increases (inflation), the real value of money decreases, thus reducing real wealth. Conversely, when the price level decreases (deflation), the real value of money increases, thus increasing real wealth. Disposable income, consumption, and GDP are related to income and economic activity but do not directly measure the change in the purchasing power of assets, which is what real wealth is concerned with.

Real Wealth Changes with