Question

    In Marketing terms, the amount of goods/services

    purchased by one unit of currency is called _______.
    A Currency Power Correct Answer Incorrect Answer
    B Purchasing Power Correct Answer Incorrect Answer
    C Value of money Correct Answer Incorrect Answer
    D Value for money Correct Answer Incorrect Answer

    Solution

    The purchasing power of currency is the quantity of goods and services that can be bought with a monetary unit.

    Practice Next