# Purchasing power

- Canonical URL: https://www.gerhardmerk.de/purchasing-power
- Post ID: 589463
- Modified: 2023-07-25T21:12:54+00:00
- Language: en

## Definition

The ability of a monetary unit to purchase a given quantity of goods and services on the market; also referred to as purchasing power in older publications. - Aggregate demand: The demand for goods and services in the economy as a whole, as opposed to supply. Purchasing power in this sense is largely determined by the wages and salaries paid out. - See assignats, deflationary spiral, monetary value, monetary stability, inflation, reserve currency, cost-of-living index, savings rate, valorization suit. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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