Question

when either prices go down or income goes up, there is an increase in which of thw following?i need now!!​

Answer 1

Answer:

There is an increase in consumption and more money flowing into the economy.

Explanation:

An increase of income without the increase of market value prices would lead to more money in the pockets of workers, in which many would spend them to gain material wealth. This would lead to a greater output and a higher GDP per capita in the country.

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Answer 2

Answer:

Standard of living