The developed nations have only about 15% of the world's population, but they are estimated to consume _______ of the world's output ?
Correct answer: A. 80%
- A. 80%
- B. 65%
- C. 50%
- D. 25%
Explanation
A commonly cited development statistic is that high-income countries, despite containing a small share of the world’s population, consume roughly 80% of global output. This illustrates the highly unequal distribution of world income and consumption.
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