purchasing power of the dollar

Definition

Gauge that shows the amount of goods and services that can be purchased given the current value of the dollar. This measurement shifts daily as the dollar gains and declines against other major currencies. Current economic conditions can also influence the purchasing power of the dollar.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
purchasing power purchasing power parity