"Brain drain" results in many of the most talented minds leaving developing countries for developed countries.
Answer the following statement true (T) or false (F)
False
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When we speak of the national debt, we refer to the federal government debt only
a. True b. False Indicate whether the statement is true or false
Which of the following is a microeconomics question?
A. Why do some countries grow faster than others? B. Is it sensible for a government to subsidize tobacco production? C. Should Congress and the president take action to reduce global warming? D. Should the government attempt to influence the interest rate to lower inflation?
Refer to the diagram. Consumption equals disposable income when:
A. disposable income is B.
B. disposable income is D.
C. CD equals A.
D. B equals CD.
Refer to Edgeworth Box Economy. The initial holdings of an individual in an Edgeworth box is referred to as
a. the contract point. b. the endowment point. c. the Pareto preferred point. d. the competitive equilibrium point.