Question

how did higher wages lead to the purchase of more consumer goods

Answer 1

Answer:

mohid mentioned earlier and albugo presenting fungi and on mustard commonly known as Sach fungi the sites are mostly multicellular example penicillium or early unicellular how did the higher which is lead to the purchase of consumer goods

Answer 2

The level of wages also affects consumer spending.

Explanation:

• If wages continue to rise, consumers generally have more discretionary income to spend.
• If wages are stagnant or falling, demand for alternative consumer goods is likely to fall.
• Consumption is financed mainly by our income.
• So real wages will be an important determinant, but consumer spending is also influenced by other factors, such as interest rates, inflation, confidence, savings rates and the availability of finance.
• Economists generally agree that economic growth and development are influenced by four factors: human resources, physical capital, natural resources and technology.
• Highly developed countries have governments that focus on these areas.