the total amount of goods and services one can purchase with his money is.. A. money income B. real income C. value of money D. demand for money?

Masterofbooksdirected

6 years ago

What Is Purchasing Power?
Purchasing power is the value of a currency expressed in terms of
the amount of goods or services that one unit of money can buy.
Purchasing power is important because, all else being equal,
inflation decreases the amount of goods or services you would be
able to purchase.
In investment terms, purchasing power is the dollar amount of
credit available to a customer to buy additional securities against
the existing marginable securities in the brokerage account.
Purchasing power may also be known as a currency's buying
power.

chrischek

6 years ago

value of money