asked 224k views
15 votes
What effect does inflation have on purchasing power.

1 Answer

5 votes
Inflation reduces the value of a currency's purchasing power, having the effect of an increase in prices.
answered
User Sadheesh
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.