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An increase in the standard of living results from an increase in what?
Wiki User
∙ 8y ago
an increase in standard of living comes from increase in income. An increase in national income will increase the standard of living of the people of that nation.
Income
Wiki User
∙ 8y ago
Maria Martinez
Wiki User
∙ 6y agoGenerally, it results from an increase in income, more specifically disposable income. This is based on such changes as higher wage rate, higher employment, and lower inflation.
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Which of the followings results in an increase in the standard of living?
income increases, enabling consumers to buy more goods and services
Does the increase in the GNP reflect the standard of living and economic welfare?
An increase in the GNP does not always reflect the standard of living and economic welfare of the general population, though it usually does.
Why increase in national income affect increase in standard of living?
An increase in national income affects the increase in the standard of living because an increase in income increases the standard of living. When the national income is low, people are poorer.
When either prices go down what is there an increase in?
the standard of living
How can an country increase its standard of living?
They should probably put funds into more neccesary areas and increase tax.
Which of the followings results in an increase in the standard of living?
income increases, enabling consumers to buy more goods and services
What causes Deflection?
the main causes of the inflation is increase in the percapita income and this results in increase in the standard of living of the people .. and the other one is increase in the percapita income in our country
Would you expect the standard of living to increase or decrease over time?
Increase
Does the increase in the GNP reflect the standard of living and economic welfare?
An increase in the GNP does not always reflect the standard of living and economic welfare of the general population, though it usually does.
When either prices go down what is there an increase in?
the standard of living
How would you expect the standard of living to do over time?
Increase
Why increase in national income affect increase in standard of living?
An increase in national income affects the increase in the standard of living because an increase in income increases the standard of living. When the national income is low, people are poorer.
What results in an increase in the amount of living material and formation of new structures?
growth.
How can an country increase its standard of living?
They should probably put funds into more neccesary areas and increase tax.
How does competition and marketing work together to increase the nations standard of living?
Competition leads to innovation and the creation of improved products. Also, competition and marketing lead to decreased prices. Both these factors increase a nation's standard of living.
Why do some nations adopt command economies during war?
to increase the standard of living
What does an increase in the standard of the living population mean?
i guess more water is required or somethin.
