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Richard Cyert and James Marsh view organizations as coalitions
Purchasing Power
How much a single unit of money can purchase in terms of goods or services, indicating the currency's value.
CPI
The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Period
A length or portion of time.
Buying Power
Buying power refers to the value of currency to purchase goods and services, influenced by factors like inflation and the strength of the currency.
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