The shrinking middle class is a phenomenon that results from those in the middle-class rising to executive positions for more pay.

Question

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The shrinking middle class refers to a decline in the number and share of people who are considered middle-class, often due to factors such as changes in the economy, income inequality, and job opportunities. It is not caused by those in the middle-class rising to executive positions for more pay, as this would actually increase the size and share of the middle-class.

The Shrinking Middle Class Is a Phenomenon That Results from Those