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Sagot :
Final answer:
Inflation reduces purchasing power by decreasing the value of money over time.
Explanation:
Inflation results in a loss of purchasing power as the value of money decreases over time. When prices rise due to inflation, the same amount of money can buy fewer goods and services, affecting individuals' ability to purchase.
Learn more about Inflation's impact on purchasing power here:
https://brainly.com/question/43911420
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