purchasing power
The amount of goods and services that can be bought with a unit of currency, reflecting the overall health of an economy.
B1Adjective + NounNode word: purchasing
Meaning
The amount of goods and services that can be bought with a unit of currency, reflecting the overall health of an economy.
Example Sentences
- “An increase in purchasing power can lead to higher consumer spending and economic growth.”
- “The country's purchasing power has been declining due to inflation.”
Quick Answers
What does “purchasing power” mean?
The amount of goods and services that can be bought with a unit of currency, reflecting the overall health of an economy.
How do you use “purchasing power” in a sentence?
“An increase in purchasing power can lead to higher consumer spending and economic growth.”
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