For the purchasing power of money to increase, the price level has to fall. (True or false?)

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9 years ago

For the purchasing power of money to increase, the price level has to fall. (True or false?)

For the purchasing power of money to increase, the price level has to fall.
True or false?

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Tidy Author

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