In middle-income nations, average personal income is in the range of
A)$250 and $1,000.
B)$1,000 and $2,500.
C)$2,500 and $10,000.
D)$10,000 and $25,000.

Question

Quizplus · Accepted Answer

According to the World Bank, middle-income nations are those with gross national income (GNI) per capita between $1,026 and $12,475 in 2021. This translates to an average personal income in the range of $2,500 and $10,000. Therefore, option C is the best choice.

In Middle-Income Nations, Average Personal Income Is in the Range