According to the Pew Charitable Trust methodology for identifying the middle class, if people near the boundary between the upper middle and highest income class lose income, the middle class will ___

Question

Quizplus · Accepted Answer

If people near the boundary between the upper middle and highest income class lose income, they may fall into the middle class category, thus increasing its size. However, this increase is due to individuals losing income, which is generally considered a negative economic development.

According to the Pew Charitable Trust Methodology for Identifying the Middle