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1. _____is when an asset increases in value. ~depreciation ~appreciation ~inflation ~purchasing power 2. when money loses some of its value over time, it is caused by_____ -inflation -FICA -purchasing power -recalculating worth ive tried i need help @bibby @phi someone :( @SolomonZelman
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1) My best guess is either appreciation Depreciation is the decline in value of an asset (like after you buy a car and drive it, it's worth next to nothing compared to the pretty penny you spent on it) Inflation would be the increase of cost due to economic *events* Purchasing power shouldn't be relevant 2) should be Inflation All this terminology should be in your text/notes
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