For the purchasing power of money to increase,the price level has to fall.

Name: For the purchasing power of money to increase,the price level has to fall.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The purchasing power of money is the amount of goods and services that can be purchased with a unit of currency. When the price level falls, the same amount of money can buy more goods and services, leading to an increase in purchasing power.

For the Purchasing Power of Money to Increase,the Price Level