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Purchasing Power of the Dollar
(redirected from Purchasing Power of a 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.


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