Final answer:
The annual personal income range for people in middle-income nations is $2500 to $12500. This aligns with the global categorization of per capita income for middle-income countries and takes into account the range of GDP per capita for such nations as reported by various sources.
Step-by-step explanation:
The range of annual personal income for people living in middle-income nations is c. $2500 to $12500. According to data that defines different income levels around the world, middle-income countries have a per capita income between $1,025 and $12,475. This category is broad and captures a wide range of economies and technological abilities. These countries show potential, although sometimes inconsistent, to catch up with high-income countries in terms of technology.In terms of GDP per capita, middle-income countries, including regions like Latin America, Eastern Europe, and parts of East Asia, often have GDP per capita in the range of $6,000 to $12,000. This provides a more nuanced understanding of what constitutes middle-income on a global scale and demonstrates a range that exceeds both the low-income and the lower middle-income thresholds.It's significant to note that the concept of middle income varies greatly depending on the context and location. For instance, in the United States, the middle class includes individuals with a wide range of incomes, encompassing those who earn $30,000 annually to those who earn $150,000. Yet, for the purpose of global classification, the main answer to the question is c. $2500 to $12500.