Solved

In Chinese Coastal Provinces,brick Housing for a Fast Expanding Middle

Question 17

Multiple Choice

In Chinese coastal provinces,brick housing for a fast expanding middle class is very comparable in size to housing in the U.S.for a family with median income of $51,000 because


A) median income per capita has risen in China to nearly equal median income in the U.S.
B) the Chinese government builds much of the housing in China
C) construction companies have begun to migrate to the coastal provinces of China
D) housing is an income inferior good
E) bricks,trade skill workers and construction labor are very cheap in China

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions