Home > Blossary: financiele termen
Created by: Gorogattila
Number of Blossarys: 5
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Purchasing power (sometimes retroactively called adjusted for inflation) is the number of goods or services that can be purchased with a unit of currency. For example, if one had taken one unit of ...
Domain: Accounting; Category: General accounting
An economic situation characterized by steadily rising prices, and falling purchasing power. It is in part caused by wage rates increasing faster than productivity.
Domain: Politics; Category: Political science
A general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. The opposite of ...
Domain: Financial services; Category: Finance
In economics, deflation is a decrease in the general price level of goods and services.
Domain: Accounting; Category: Payroll
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