In 2006,high-income economies with only about one eighth of the world's population produced more than half of the world's output.

Question

Quizplus · Accepted Answer

This statement is true according to the World Bank's data on Gross Domestic Product (GDP) by country in 2006. High-income economies, which represent about 14% of the world's population, produced approximately 53% of the world's GDP that year.

In 2006,high-Income Economies with Only About One Eighth of the World's