"Brain-Drain" Refers to the

question 93

Multiple Choice

"Brain-drain" refers to the

• A)relatively low levels of human capital in low-income countries.
• B)effect of migration on human capital levels in high-income countries.
• C)emigration of highly educated workers to higher-income countries.
• D)inability of workers in low-income countries to achieve the levels of human capital possessed by workers in high-income countries.

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Definitions:

Premium on Bonds Payable

The excess amount over the face value that investors pay when they purchase a bond, representing an additional cost to the issuer.

Semiannual Interest

Interest payments made twice a year on a loan or investment.

Face Values

The nominal value or original amount stated on a financial instrument, such as a bond or a stock certificate.

Journal Entries

The basic means of recording financial transactions in the accounting system, consisting of debits and credits to various accounts.