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Which of the Following Is True of the Middle Class

Question 43

Multiple Choice

Which of the following is true of the middle class in emerging markets?


A) Companies can expect middle-class consumers worldwide to earn roughly the same income.
B) Middle-class consumers in less-developed nations often cannot afford to pay as much for a product as consumers in the more advanced economies do.
C) The majority of the global middle class lives in developed nations.
D) Only one-third of people living in developing countries are literate.
E) The emerging middle class constitutes the highest percentage of the total country population in Mexico.

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