0 A person's purchasing power is their ability to buy goods: --
1 a measure of how much one unit of a particular currency can buy at a particular time: --
The purchasing power of the dollar was much greater in the 1960s than now.
Purchasing power parities and real expenditure.
In the absence of real purchasing power, patient needs cannot be translated into increased utilization or diffusion of technology.
However, no previous study has succeeded in demonstrating a relationship between health-care-specific purchasing power and the diffusion of technology.
Finally, real wages and the purchasing power of the lower and middle classes declined.
On the other hand, the productivity and purchasing power benefits that the early linkage literature projected have yet to materialise in any substantial way.
This can be explained by the combination of an effect on purchasing power (income effect) and a substitution effect.
We are aware of the fact that there might be differences between regions with respect to purchasing power.
Summing up, the introduction of long-term care allowances increased purchasing power on the side of care users.
