Question

According to the World Bank a low income country is one which has: 1 point IMR less than 10 PCI less than 955 $ Literacy Rate less than 50% Total Income less than 12056 $

Answer 1

Answer:

The world's Middle Income Countries (MICs) are a diverse group by size, population, and income level. They are defined as lower middle-income economies - those with a GNI per capita between $1,006 and $3,955; and upper middle-income economies - those with a GNI per capita between $3,956 and $12,235 (2018).

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