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Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Read the information given below, and determine which of the following countries is the most developed.

Country A:
Total income = 3,750,000,000 USD
Total population = 1,000,000

Country B:
Total income = 1,800,000,000 USD
Total population = 300,000

Country C:
Total income = 5,670,000,000 USD
Total population = 500,000

A
Country A
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B
Country B
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C
Country C
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D
All the three countries are equally developed.
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Solution

The correct option is C Country C
Per capita income = Total income/Total population

Country A = 3,750,000,000/1,000,000 = 3,750 USD

Country B = 1,800,000,000/300,000 = 6,000 USD

Country C = 5,670,000,000/500,000 = 11,340 USD

Per capita income of country C is the highest. Hence, it is the most developed country.

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