As of 2014,using real GDP per person as a measure,we would classify
A)the United States and Mexico as advanced economies and Bangladesh as a middle-income country.
B)Canada as an advanced economy,Mexico as a middle-income country,and Pakistan as a poor country.
C)Japan and India as advanced economies and Mexico as a poor country.
D)Japan as an advanced economy,the United Kingdom as a middle-income country,and Argentina as a poor country.

Question

Quizplus · Accepted Answer

Canada has a high real GDP per person and is categorized as an advanced economy, while Mexico has a lower real GDP per person and is classified as a middle-income country. Pakistan has a lower real GDP per person than Mexico and is classified as a poor country. Therefore, option B is the best choice. Option A is incorrect because Mexico is not categorized as an advanced economy. Option C is incorrect because Mexico is not classified as a poor country. Option D is incorrect because the United Kingdom is classified as an advanced economy, not a middle-income country.

As of 2014,using Real GDP Per Person as a Measure,we