Among countries with Per Capita GDP in 2004 less than $2,000, the opportunity cost of increased education and literacy for young workers might be measured as

Question

Quizplus · Accepted Answer

In countries with low Per Capita GDP, resources are limited, and diverting them towards increased education and literacy could result in reduced availability of other critical resources, such as food or healthcare, for the poor. This is because the resources used for education cannot be used for these other essential services, representing the opportunity cost of the decision to invest in education.

Among Countries with Per Capita GDP in 2004 Less Than