The term "brain drain" refers to
A) the decreased quality of the college-educated workforce.
B) highly educated individuals who leave developing countries for high-income countries.
C) the negative impact on brain function of an individual's overinvestment in human capital.
D) the diminishing returns to studying for an exam.
B
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Qualifying for admission to the Eurozone requires a nation to:
A) petition for membership with the European parliament. B) demonstrate a commitment to democratic principles and take an antiterrorist stance. C) peg its exchange rates to the euro and demonstrate fiscal responsibility for a length of time. D) join the IMF and the UN, and be recommended by other members.
The graph illustrates the market for bottled water. If the producers of bottled water switch to using improved technology, then the
A) supply of bottled water decreases. B) quantity demanded of bottled water increases. C) quantity demanded of bottled water does not change. D) price of bottled water rises. E) supply curve shifts leftward.