Which of the following economic indicators is used by the World Bank to classify countries as industrial economies or developing countries?
A)GDP
B)Rate of inflation
C)Net exports
D)Per capital income
E)Budget deficits

Question

Quizplus · Accepted Answer

The World Bank primarily uses per capita income as an indicator to classify countries as industrial economies or developing countries. Generally, countries with less than $12,235 per capita income are considered developing countries, and those with higher income are classified as industrial economies. The other indicators listed may also be used to assess a country's economic health, but they are not typically used for classification purposes.

Which of the Following Economic Indicators Is Used by the World