The high-income nations of the world—including the United States, Canada, the Western European countries, and Japan—typically have GDP per capita in the range of _____________.

a. $6,000 to $12,000
b. $20,000 to $50,000
d. $60,000 to $80,000
d. $80,000 to $120,000

b. $20,000 to $50,000

Economics

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Investment decisions are based on the trade-off between the:

A. potential profit that could be generated by investment and the cost of borrowing money to finance the investment. B. interest rate that savers will earn and the interest rate that the borrowers will have to pay. C. future value of the loan and the present value of the loan. D. potential profit that could be generated and the willingness of a lender to make the loan.

Economics

The benefit received from the continuance of an environmental good is called

a. user value c. existence value b. stewardship d. vicarious consumption

Economics