Question

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

Answer 1

Standard of living

Answer 2

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

Step-by-step 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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