Capital flIght Is a Problem Facing DVCs That Involves the

question 152

Multiple Choice

Capital flight is a problem facing DVCs that involves the

• A) difficulty of sustaining skilled workers in the government sector of the DVC economies.
• B) transfer of private savings from DVCs to IACs.
• C) flight of agricultural workers from rural to urban areas, especially capital cities, to take advantage of better job opportunities.
• D) movement of capital goods from IACs to DVCs to avoid taxes.

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Definitions:

Promissory Note

A signed document containing a written promise to pay a stated sum to a specified person at a specified date or on demand.

Missing Value

The unavailability or lack of specific information that is expected to be in a dataset, record, or analytical equation.

Promissory Note

A legal document in which the writer promises to pay a specified sum of money to a designated party at a future date or on demand.

Simple Interest

A method to calculate the interest charged on a loan, based on the original principal amount, the rate of interest per period, and the number of time periods.