kirtipreet4502 kirtipreet4502
  • 29-08-2020
  • Business
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Generally, as the proportion of middle-income households in a country increases, the nation's purchasing power __________.

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ProfChris1
ProfChris1 ProfChris1
  • 29-08-2020

Answer:

Increases

Explanation:

Generally, as the proportion of middle-income households in a country increases, the greater (an increase) nation's purchasing power.

Actually, the purchasing capability increases in proportion to an increase in the income of households.

Purchasing power is known as the currency value which is usually seen in the amount of goods or services that a unit of money can buy.

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