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What determines the purchasing power of a consumer? What is your purchasing power?

1 Answer

9 votes

Answer:

Consumer Buying Power

A consumer's buying power represents his or her ability to make purchases. The economy affects buying power. For example, if prices decline, consumers have greater buying power. If the value of the dollar increases relative to foreign currency, consumers have greater buying power.

Step-by-step explanation:

My purchase power is money

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User Sergey Malyutin
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