Answer:
standard of living
Explanation:
The methodology for framing how groups with different financial budgets survive is called the standard of living.
The standard of living is a way of characterizing the quality of life of the people provided by your income. People with a lower income, have a modest standard of living, not having access to good housing, transportation and consuming goods and services of lower cost and quality. People with a high standard of living, such as Jerri, usually have a comfortable life with access to the best quality goods and services - which cost more.
