As the middle and lower classes reduced income what were their two responses?
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mboluwape 6 months ago
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As the middle and lower classes reduced income their response to their demand will be reduced. Household spending will be affected.

What is middle class income.

Middle class income earners are the people with income or salary that is more than their spending. Their earning is doubling the average spending of their household.

Therefore, a decline in middle and lower classes reduced income will reduce the household spending.

Learn more on income here,

https://brainacademy.pro/question/25745683

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