Countries tend to go through roughly the same pattern when transitioning from a poor to rich economy. One of the most pertinent classifications of this evolution is the one by the World Bank using gross national income (GNI). Which of the following is NOT one of these classifications?

Question

Quizplus · Accepted Answer

The World Bank classifies economies based on GNI per capita into high-income, upper-middle-income, lower-middle-income, and low-income categories. "A pre-eminent income economy" is not a classification used by the World Bank.

Countries Tend to Go Through Roughly the Same Pattern When