- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 9. Economic Growth
- Subject 1. Factors Favoring and Limiting Economic Growth in Developed and Developing Economies
CFA Practice Question
Developing countries should emphasize ______ to improve its education.
B. avoid "brain drain"
C. post-secondary education to encourage innovation and growth
A. primary and secondary education
B. avoid "brain drain"
C. post-secondary education to encourage innovation and growth
Correct Answer: A
Such spending will improve growth by improving the countries' abilities to absorb new technologies and to organize existing tasks more efficiently.
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