What measure does the World Bank use to categorize countries into high income, upper-middle income, lower-middle income, and low-income economies?
A)gross domestic product
B)gross national income
C)net domestic product
D)net output

Question

Quizplus · Accepted Answer

The World Bank uses gross national income (GNI) per capita to categorize countries into high income, upper-middle income, lower-middle income, and low-income economies. GNI per capita takes into account the country's income generated both domestically and abroad, making it a more comprehensive measure than just gross domestic product (GDP).

What Measure Does the World Bank Use to Categorize Countries