Less than one-third of the residents of middle-income economy nations live in poverty.

Name: Less than one-third of the residents of middle-income economy nations live in poverty.
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Question

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The statement is incorrect. Middle-income economy nations have a higher proportion of people living in poverty compared to high-income economy nations. According to the World Bank, as of 2015, about 71% of people in middle-income countries lived on less than $5.50 a day.

Less Than One-Third of the Residents of Middle-Income Economy Nations