Generally,as the proportion of middle-income households in a country __________,the __________ a nation's purchasing power.
A) increases; greater
B) increases; less
C) decreases; greater
D) levels off; greater
E) There is no relationship between middle-income households and the nation's purchasing power.

Question

Quizplus · Accepted Answer

Middle-income households have more disposable income to spend on goods and services, which in turn increases the domestic demand for these products. This increased demand can lead to economic growth and a higher purchasing power for the nation as a whole.

Generally,as the Proportion of Middle-Income Households in a Country __________,The