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Inflation reduces people's purchasing power because
O there is not enough money in the economy
O the market basket has to be changed every year
O the same amount of money buys more goods and services
O the same amount of money buys fewer goods and services

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nvhunter338

Answer:

D the same amount of money buys fewer goods and services.

Explanation:

Nixon should have America on the gold standard because every printed dollar was backed by silver or gold.  However he needed to print more money to finance the Vietnam War.

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