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Estimating Poverty Line

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Question

According to world bank report 2004, what is the minimum per capita income (in dollars) for a country to be called a developing country ?

A

$ 480

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B

$ 520

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C

$ 735

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D

$ 250

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Solution

The correct option is C $ 735
$ 735
Explanation: Economy of developed and developing countries is separated on the basis of per capita income. Less than $ 735 comes under developing countries.

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