Make sure you are at least 35 years old and born in the United States. You must also have lived 14 years in America to run for President. (If you are not 35 yet, you can start planning early!). 1  There is no way around this. 2  No, Barack Obama was not born in Kenya.
What is 'Purchasing Power'. Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
CONSUMER PURCHASING POWER. Consumer purchasing power measures the value in money for which consumers may purchase goods or services. Tied to the Consumer Price Index, or the Cost of Living Index as it is also known in the United States, consumer purchasing power indicates the degree to which inflation affects consumers' ability to buy.