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O-LevelEconomicsEconomic development2281/12 · May/June 2024 · Q251 Mark

Economic development in country X has progressed at a greater rate than in country Y. What is the most likely explanation of this difference in economic development between country X and country Y?

ACountry X has a higher level of spending on education than country Y.
BCountry X has a higher level of unemployment than country Y.
CCountry Y has a higher level of investment spending than country X.
DCountry Y has a higher level of spending on healthcare than country X.

✓ Correct answer

A: Country X has a higher level of spending on education than country Y.

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About this question

Topic
Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2024 Paper 1 Variant 2, question 25.

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