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Economics · May / June 2024 · Paper 12 · Question 25

2281Differences in economic development between countries

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?

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

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

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