The Direct Benefits of Out-Migration to a Developing Nation Include

question 18

Multiple Choice

The direct benefits of out-migration to a developing nation include

• A)loss of skilled workers.
• B)increased remittances.
• C)job growth.
• D) larger capital formation.

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Definitions:

Journal Entry

A record in accounting that represents a transaction and its effect on various accounts, ensuring the debits and credits balance.

Ledger

A book or collection of accounts in which account transactions are recorded and categorized to show changes in financial positions.

Total Debits

In accounting, this refers to the total sum of all debit entries recorded in all accounts for a given period.

Total Credits

The sum of all credit entries recorded in the accounting books of a business, reflecting the total value of transactions decreasing assets or increasing liabilities and equity.