1.
the ability to make purchases according to income and savings
2.
the value of a currency measured in terms of the goods and services it can buy
3.
the ability of people to buy goods and services, usually based on how much they earn and save
4.
the value of a particular unit of money, measured by how much it can buy
1.
the ability to make purchases according to income and savings
2.
the value of a currency measured in terms of the goods and services it can buy
3.
the ability of people to buy goods and services, usually based on how much they earn and save
4.
the value of a particular unit of money, measured by how much it can buy