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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How did the gold standard help countries rectify the balance of payment problem? What were the problems associated with the gold standard?
What will be an ideal response?
The interest rate private banks charge each other for lending reserves is called the federal funds rate.
a. true b. false
Risk premium is
A. the benefits of buying from a trustworthy institution. B. the additional payment paid by bonds issued by the federal government. C. the tendency of some investors to incur in high risk. D. a payment differential necessary to compensate the investor for having to bear a risk.
In a progressive tax structure,
A. the marginal tax rate exceeds the average tax rate. B. vertical equity exists. C. the average tax rate rises as income falls. D. all the choices.