The World Bank divides middle-income economies into lower-middle and upper-middle. Angola, Bhutan, Chine, Iran, Costa Rica, and Gabon are examples nations with __________ economies.

Question

Quizplus · Accepted Answer

The question states that Angola, Bhutan, China, Iran, Costa Rica, and Gabon are examples of nations with "middle-income economies", but it does not specify whether they are "lower-middle" or "upper-middle". To determine the correct answer, we must look at the options provided. According to the World Bank, middle-income economies are divided into lower-middle and upper-middle categories. Since the question mentions "middle-income" but does not specifically mention the "lower" category, we can assume that these nations belong to the "upper-middle" category. Therefore, the correct answer is A) upper-middle-income.

The World Bank Divides Middle-Income Economies into Lower-Middle and Upper-Middle