A developed country has a GDP of at least _____.

Question

A.
$15,000
B.
$25,000
C.
$30,000
D.
$40,000


Please select the best answer from the choices provided

A
B
C
D

Answer 1

The best answer is B. $25,000.

While there isn't a universally accepted GDP threshold for determining a "developed" country, many organizations, including the International Monetary Fund (IMF) and World Bank, often use GDP per capita levels around this figure to distinguish between developed and developing nations. However, it's important to note that different criteria can be used in various contexts.