Inflation ________ the purchasing power of money.
A)increases
B)decreases
C)does not affect
D)stabilizes

Name: Inflation ________ the purchasing power of money. A)increases B)decreases C)does not affect D)stabilizes
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Inflation leads to an increase in the general price level of goods and services which means that the same amount of money can buy fewer goods and services leading to a decrease in the purchasing power of money.

Inflation ________ the Purchasing Power of Money