Business, 08.05.2021 02:30 fbr45508

PLEASE HELP ASAP Which statement describes the effect of inflation on purchasing power?

A. As the rate of inflation remains constant, purchasing power increases.

B. As the rate of inflation remains constant, purchasing power stays the same.

C. As the rate of inflation increases, purchasing power increases.

D. As the rate of inflation increases, purchasing power decreases.

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PLEASE HELP ASAP Which statement describes the effect of inflation on purchasing power?

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