When a Country's Intellectual Elite and Highly Skilled Professionals Choose

question 151

Multiple Choice

When a country's intellectual elite and highly skilled professionals choose to emigrate to secure better working conditions and higher wages,the country is said to experience

• A) intellectual pushing.
• B) wage pull.
• C) demographic transition.
• D) brain drain.
• E) deskilling emigration.

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Definitions:

Unfair

An act or circumstance that is unjust, biased, or inequitable, often violating ethical standards or social norms.

Behavioral Economists

Specialists in a field of economics that explores how psychological, social, cognitive, and emotional factors affect the economic decisions of individuals and institutions.

Ultimatum Game

The ultimatum game is a game theory experiment where two players decide how to divide a sum of money; one proposes the division and the other can accept or reject it, where rejection means neither gets anything.

Market Transactions

The buying and selling activities that take place in the marketplace between buyers and sellers.