Question

An increase in the amount of household wealth in an economy would ________ the average standard of living and would ________ the spending power experienced by the typical person.

Answer 1

The correct answer is raise; have little effect on

Step-by-step explanation:

The total financial wealth of households is based on two pillars: financial and real estate. Adding both items now families account for no less than 6.60 billion euros of net wealth. This amount reaches 7.38 trillion euros if real estate assets (5.22 trillion) are counted, and financial assets (2.16 trillion), without excluding those of a financial nature pending payment, the 780,000 million euros accounted for more above.