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Buying power is how much labor and products that can be bought with a unit of cash. For instance, if one had taken one unit

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Buying power is how much labor and products that can be bought with a unit of cash. For instance, if one had taken one unit of money to a store during the 19505, it would have been feasible to purchase a more prominent number of things than would be the case today, demonstrating that the cash had a more noteworthy buying inuence during the 1950s

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