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Question
Read the following graph and answer the questions:
Gross National Incomes (GNI) from 1960 to 2016 (in million US $)
- Which country’s national income was highest in 2016 and was it how much?
- Comparing India and Brazil, which country had a higher national income in 1980?
- Comparing India and Brazil, which country had a higher income in 2016?
- Tell the difference between the GNP of Brazil and India in 2016.
- Calculate the difference between the national incomes of developed and developing countries in 2016.
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Solution
- USA’s national income was highest in 2016 and it was 1850 million US $.
- Comparing India and Brazil, Brazil had a higher national income in 1980.
- Comparing India and Brazil, India had a higher income in 2016.
- The difference between the GNP of Brazil and India in 2016 was 10 million US $.
- The difference between the national incomes of developed and developing countries in 2016 was about 1680 to 1690 million US $.
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