Demographic trends indicate that, in the coming two decades, ________.
A) the spending power of middle-class households will substantially decline
B) the GDP of advanced economies will decline
C) the spending power of low-income households will increase tremendously
D) the proportion of middle-class households in emerging markets will continue to grow, representing enormous spending power

Question

Quizplus · Accepted Answer

The growth of middle-class households in emerging markets is a significant demographic trend, driven by economic development and rising incomes. This expansion is expected to continue, representing a substantial increase in spending power within these economies.

Demographic Trends Indicate That, in the Coming Two Decades, ________