Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
Sagot :
Answer:
It would be more expensive to buy now than last year. Because now, this year, you would need more of their money to buy their supplies due to inflation.
good luck, i hope this helps :)
Answer:
The purchasing power declined due to change in exchange rate now because to inflation, you'll need more of their money this year to buy their goods.
Explanation:
Inflation
In economics, inflation is defined as an increase in the overall price of goods and services in a given economy. When the general price level rises, each unit of currency buys fewer products and services, resulting in a loss of purchasing power.
Learn more about Inflation here
https://brainly.com/question/777738
#SPJ2
We hope this was helpful. Please come back whenever you need more information or answers to your queries. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.