Which of the following is a FALSE statement about education in the high-growth Asian economies?
A) An emphasis on state funding of advanced degree programs, such as engineering and computer science, increased manufacturing production significantly.
B) Literacy rates rose dramatically in the high-growth Asian economies and laid a foundation for a skilled labor force.
C) As the average educational level rose, workers could take on more technological, sophisticated production, pushing new investment into product lines.
D) Spending was focused on the primary and secondary level, where it has the greatest social impact.
A
You might also like to view...
Which of the following is TRUE regarding the Federal Open Market Committee (FOMC)?
A) It is the main policy-making group of the Congress. B) Representatives from each state control its operation. C) It meets about every six weeks to decide on monetary policy. D) Both answers A and C are correct.
Economists usually use the term "recession" to refer to:
a. any slowdown in the growth of real GDP. b. zero real GDP growth. c. two or more consecutive quarters of declining real GDP. d. a reduction in nominal GDP lasting more than six months.