Respuesta :
True, the purchasing power of the worker increases.
What is meant by purchasing power?
The worth of a currency is determined by how many products or services one unit of that currency can be used to purchase. Inflation may cause it to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing. A currency's buying power is another name for its purchasing power.
When referring to investments, purchasing or buying power refers to the dollar amount of credit that a client has based on the marginal securities that are currently in their brokerage account.
So as the wages of the worker increase, therefore the purchasing power of the worker also increases. And the given statement is true.
For more information on the purchasing power, refer to the following links:
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