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Purchasing Power of the Dollar |
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Purchasing power of the dollar The amount of goods and services that can be exchanged for a dollar as compared with amount of a previous time period. Purchasing Power of the Dollar The goods and services that $1 can buy when compared to other currencies or to the dollar in a different time period. One can use the purchasing power of the dollar to gauge both the dollar's value in the currency market and to measure inflation. See also: Exchange rate. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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