Your grandmother tells you a dollar doesn't go as far as it used to. She says the "purchasing power" of a dollar is much less than it used to be. Explain what she means. Try to use and explain terms like inflation and deflation in your answer.

The obtaining influence of a dollar is substantially less on the grounds that more cash is made and causes the value of the dollar greenback to diminish, making things increasingly costly. This is called swelling. In any case, when less cash is made, the value of a dollar greenback increments and things turn out to be more affordable. This is called flattening. As the years go on, the purchasing power of a dollar decreases and decreases.

Hope that helps. x

Your grandmother tells you a dollar doesn't go as far as it used to. She says the "purchasing power" of a dollar is much less than it used to be. Explain what she means. Try to use and explain terms like inflation and deflation in your answer. ​

Respuesta :

Otras preguntas

Your grandmother tells you a dollar doesn't go as far as it used to. She says the "purchasing power" of a dollar is much less than it used to be. Explain what she means. Try to use and explain terms like inflation and deflation in your answer.