Question

____________ term is used to characterize the value of a currency by describing the amount of goods and services that can be purchased by a dollar at a given time. Inflation tends to decrease this value.

Answer 1

Purchasing Power

Step-by-step explanation:

Purchasing Power is the term used to characterize the value of a currency by describing the amount of goods and services that can be purchased by a dollar at a given time. Inflation tends to decrease this value.