Which of the following is not true about migration?
a. Migration plays an important role in the economies of developing countries
b. A major source of foreign exchange in some countries is the money sent home by migrants
c. Migration provides a valuable safety valve for poor countries
d. The best and brightest professionals are very unlikely to migrate to developed countries
e. Every year thousands of nurses migrate from countries such as Kenya and the Philippines to the United States
D
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"The alarm went off, the sun rose, and I had to make a choice; microeconomics class or sleep longer.". The scarce resource in this case is
a. time b. logical ability c. textbooks d. alarm clocks e. sunshine
In the market for bank reserves, if the federal funds rate target is higher than the federal funds rate, the Fed will take action to ________ reserves.
Fill in the blank(s) with the appropriate word(s).