The World's Economies Can Be Divided into Four Main Categories

question 7

Multiple Choice

The world's economies can be divided into four main categories according to their annual per-capita income levels: low-income, lower middle-income, upper middle-income and high-income economies. What category would Singapore falls under?

• A) low-income
• B) upper middle-income
• C) high-income
• D) lower middle-income
• E) Singapore falls between low income and lower middle-income economies.

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