• When the general price level rises, each unit of currency buys fewer goods and services, which means the purchasing power of each unit of money is reduced.

    当总体价格水平上涨时,单位货币所能够买到的商品和服务就会减少,也就是说,单位货币的购买力下降了。

    youdao

  • When the general price level rises, each unit of currency buys fewer goods and services, which means the purchasing power of each unit of money is reduced.

    当总体价格水平上涨时,单位货币所能够买到的商品和服务就会减少,也就是说,单位货币的购买力下降了。

    youdao

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