Answer: raise; have little effect on is the correct option
Explanation:Wealth is understood as ownership of economic capital. It is viewed as a
dimension of people’s economic (or material) well-being, alongside income and
consumption. There are other concepts of capital that are important to people’s well-being
and complement the concept of economic capital, such as human capital, social capital
and collectively-held assets. However, while they may have considerable economic value to
the people that possess (or have access to) them, they are not material assets and liabilities
over which people can exercise ownership rights.
Information on household wealth is important at both the macro and micro levels.
Wealth is one of the key components of the economic system. It is a source of finance for
future consumption, for reducing vulnerability to shocks and to other unexpected
developments, and for undertaking business and other economic activities. At both the
macro and micro levels, household wealth statistics play a vital role in informing responses
to a wide range of policy and research questions. However, the perspectives and insights
provided at each level are also quite different. The primary focus
at the macro level is on the household sector’s wealth, its relation with the other sectors of
the economy, and its role within the broader economic system; conversely, the primary
focus at the micro level is on the wealth of individual households and its distribution
across different types of households.
