asked 12.9k views
1 vote
You grandmother tells you a dollar doesn't go as far as
it used to

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User Avgbody
by
8.4k points

2 Answers

2 votes

Undoubtedly, purchasing power of a dollar is much less than it used to be. This all depends upon factors such as inflation and deflation. These determine the value of dollar in the market. Inflation brings a sudden increase in the currency value whereas deflation a decline in the currency value. Like scales are never balanced, they are also not equal.

3 votes

lol

how u know she is an OG dem Great Depression times boiii

answered
User Kenan Banks
by
8.2k points

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