Single Answer MCQ
Q-00045286

An example of a high-income country as per World Development Reports would be one with a per capita income of:

1

$2,000

2

$7,500

3

$50,000

4

$25,000

Answer and Solution

Answer

C. $50,000

Solution:

A high-income country is defined as having a per capita income of $49,300 or above as of 2019, thus $50,000 qualifies as an example of a high-income country.

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