The percentage of the population in the two higher income classes (defined by Pew as having more than 200% of median family income) declined from more than 60% in the 1970s to 50% in 2015. Economists that see the decline in the middle class as a cause of declining growth argue
A. the middle class is responsible for most of the investment dollars available.
B. that middle-class is generated by growth and without it, there are fewer middle-class jobs.
C. the middle class is responsible for buying a high portion of the goods and services produced.
D. if the poor can't afford goods, less will be produced.
Answer: C
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