Single Answer MCQ
Q-00015647
Which of the following countries would likely be classified as a high-income country?
1
A country with a per capita income of $2,000
2
A country with a per capita income of $20,000
3
A country with a per capita income of $5,000
4
A country with a per capita income of $10,000
Answer and Solution
Answer
B. A country with a per capita income of $20,000
Solution:
A per capita income of $20,000 exceeds the $49,300 limit for high-income countries, placing it firmly in the upper classification.
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