Asked by
Ayana Chamara
on Nov 26, 2024
Verified
The average per capita income in 2017 for low-income developing nations was about
A) $775.
B) $2,100.
C) $1,990.
D) $4,600.
Per Capita Income
This is the average income earned per person in a given area in a specified year.
Developing Nations
Countries that are in the process of industrialization and have lower per capita income levels compared to developed countries.
- Comprehend the notion and consequences of variations in income per person across different nations, along with the elements that affect these differences.
Verified Answer
BB
Learning Objectives
- Comprehend the notion and consequences of variations in income per person across different nations, along with the elements that affect these differences.
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