Purchasing power of the dollar(redirected from Purchase Power of a Dollar)
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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved