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“Inflation doesn’t in itself reduce people’s real purchasing power” : Discuss

“Inflation doesn’t in itself reduce people’s real purchasing power” : Discuss
asked 175k views
5 votes
“Inflation doesn’t in itself reduce people’s real purchasing power” : Discuss

asked
User Robin Burchell
by
8.2k points

1 Answer

3 votes

Answer:

inflation doesn't reduce purchasing power by itself because it should be combined with the income level of the individuals

answered
User Nirav Gadhiya
by
8.0k points
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