Purchasing power - Deepstash

Purchasing power

Purchasing power—and therefore consumption power—the extent to which people are able to satisfy their wants through goods—is consequently a reflection of one's contribution to the economy (as a producer). Simply put, what we supply constitutes our ability to demand.

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claudiu_florea

A sparkling curious mind

This is one of those books that everyone ought to read in order to better understand how the world works and the how society and economy are the same thing.

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