question 3 points 2 how does inflation affect the purchasing power of money? it only affects certain…

question 3 points 2 how does inflation affect the purchasing power of money? it only affects certain currencies. it decreases the purchasing power of money. it has no effect on the purchasing power of money. it increases the purchasing power of money.

question 3 points 2 how does inflation affect the purchasing power of money? it only affects certain currencies. it decreases the purchasing power of money. it has no effect on the purchasing power of money. it increases the purchasing power of money.

Answer

Answer:

It decreases the purchasing power of money.

Brief Explanations:

Inflation means a general rise in prices. As prices increase, the same amount of money can buy fewer goods and services, thus reducing the purchasing - power of money.