Brain Drain Is

question 60

Multiple Choice

Brain drain is

• A) the large-scale emigration of talented people.
• B) the process by which people are given reference for migration.
• C) people forced to migrate for political reasons.
• D) a cultural feature that hinders migration.
• E) a net decline in literacy.

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Definitions:

Fiscal Policy

Government policies related to taxation and spending aimed at influencing the economy.

MPC

Marginal Propensity to Consume, a metric in economics that measures the proportion of income changes that is spent on consumption.

Crowding Out

A decrease in investment that results from government borrowing.

Accelerator Effects

The phenomenon where an increase in national income leads to a proportionally larger increase in investment spending, magnifying the initial rise in income.