When the general price level rises, each unit of currency buys fewer goods and services, which means the purchasingpower of each unit of money is reduced.
当总体价格水平上涨时,单位货币所能够买到的商品和服务就会减少,也就是说,单位货币的购买力下降了。
2
The argument that labor should receive enough to buy back the product is merely a special form of the general "purchasing-power" argument.
劳工应当获得足够买回产品的工资的说法,只是一般“购买力论调”的一种特殊形式。
3
Since 2003 real estate prices have increased substantially and the general population have lost their purchasingpower.