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What is meant by the purchasing power of money?

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प्रश्न

What is meant by the purchasing power of money?

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उत्तर

The purchasing power of money is its ability to command or purchase other commodities in exchange.

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पाठ 3: Demand - OBJECTIVE QUESTIONS [पृष्ठ ३.४६]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
पाठ 3 Demand
OBJECTIVE QUESTIONS | Q 21. | पृष्ठ ३.४६
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