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O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2024 · Q141 Mark

What is most likely to encourage capital-intensive production methods in a low-income economy?

Aexpensive capital equipment costs
Bgrants from foreign aid programmes
Csupplies of local low-cost labour
Dshortage of highly trained supervisors

✓ Correct answer

B: grants from foreign aid programmes

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About this question

Topic
Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 14.

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