Posts Tagged ‘diswashers’

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    Emerging Markets: Beer and Dishwashers

    Sep 17, 13 • 769 Views • Behavioral Economics, Demand, Supply, and Markets, Developing Economies, Economic Growth, Economic History, Households, Lifestyle, Macroeconomic MeasurementNo Comments

    In emerging markets, just when people start to drink less beer, they buy more dishwashers. According to the American Association of Wine Economists (yes, really), as individual incomes rise to $22,000, so too does beer consumption. Then though, when wine and