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Q: What is it called when money buys less than it used to?
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What is it called when a creditor accepts less money than owed?

A settlement.


Which diagram provides an accurate example of how the government uses open market operations?

the money supply is increased


What is it called when a country sells more than it buys?

I think that it is called Mercantilism


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Germany uses the Euro, which is trading roughly at €1 for $1.12 on March 28, 2016. As for what one euro can buy in Germany in terms of purchasing power, it is somewhat less than a dollar buys in the US.


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you have been paid less than you were meant to be paid!


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