The World Bank had developed a classification system whereby economies are divided into groups according to their ________.
A) purchasing power parity (PPP)
B) gross domestic product (GDP)
C) human development index (HDI)
D) gross national income (GNI)

Question

Quizplus · Accepted Answer

The World Bank divides economies into groups based on their gross national income (GNI). This serves as the basis for determining a country's level of development and eligibility for certain forms of financial assistance.

The World Bank Had Developed a Classification System Whereby Economies