Which of the following risks reduces your purchasing power?
Understand the Problem
The question is asking which type of risk among the listed options affects purchasing power. This involves understanding each risk and its potential impact on one's financial capacity.
Answer
Inflation risk
The final answer is Inflation risk.
Answer for screen readers
The final answer is Inflation risk.
More Information
Inflation reduces your purchasing power as it increases the prices of goods and services, diminishing the value of money over time.
Sources
- What is risk? - investor.gov
- Which of the following risks reduces your buying power? - homework.study.com
AI-generated content may contain errors. Please verify critical information
Thank you for voting!
