One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?
Correct answer: B. Low income , middle income and high income
- A. NIC, OPEC and G7
- B. Low income , middle income and high income
- C. Southeast Northeast and Southwest
- D. Asia, America and Europe
Explanation
The World Bank traditionally groups economies by income per person into low-income, middle-income, and high-income categories. The other choices are regional or political groupings, not income classifications.
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