Hello Friends! Welcome to the eBuzzPro.com blog. And in today’s article we will know that “The Purchasing Power of Money Depends Upon The ____.”? By the way, people are searching this question very much on Google in India.
The Purchasing Power of Money Depends Upon The ____.
A. Price Level
B. Demand for Money
C. Credit Availability
D. None of The Above
Answer – (A) Price Level
Explain – A rise in inflation /price levels means less goods can be purchased for the same amount & vice versa. Rest all options do not directly affect the purchasing power of money.
Conclusion – Friends, you have got this “The Purchasing Power of Money Depends Upon The __ answer” How was the article? Do tell us by commenting below. And if you like this post, please share it as much as possible.
Join Telegram, If You Like This Article Follow Us on Instagram, Twitter, Facebook and Subscribe Our YouTube Channel. We Will Keep Bringing You Such Updates.
