If the per capita GDP in a given country is about $1,500, this indicates that it is a
A) petroleum exporting state.
B) less developed country.
C) more developed country.
D) country with a high gross domestic product.
E) country with evenly distributed wealth.

Question

Quizplus · Accepted Answer

Per capita GDP (Gross Domestic Product) of about $1,500 indicates a less developed country as this figure is much lower compared to developed countries where per capita GDP is generally above $10,000.

If the Per Capita GDP in a Given Country Is