The "brain drain" problem in the DVCs refers to the fact the best-educated workers:
A. are reluctant to become entrepreneurs.
B. are concentrated in rural areas where their skills are underutilized.
C. often immigrate to industrialized countries.
D. are reluctant to work in the public sector.
C. often immigrate to industrialized countries.
Economics
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The upward trend in the currency-deposit ratio during 1994-2007 can be explained by
A) the increased holdings of U.S. currency by foreigners. B) bank panics. C) a drop in the rate of interest paid on checking deposits. D) high taxes and illegal activities.
Economics
When the total external and internal costs of a transaction are taken into consideration, this is known as
A) public costs. B) average total costs. C) social costs. D) marginal costs.
Economics