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

Question

Quizplus · Accepted Answer

As the proportion of middle-income households in a country increases, it means there is a growing group of people with some disposable income to spend. This leads to an increase in the nation's purchasing power as more people are able to buy goods and services, thus driving economic growth.

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