Which of the Following Is Nearly Always True of Highly

question 144

Multiple Choice

Which of the following is nearly always true of highly educated immigrants?

• A) They impose high costs on the recipient nation.
• B) They move from high-wage nations to low-wage nations.
• C) They impose costs on the source nation in terms of lost opportunity and provide benefits to the recipient nation.
• D) They impose high costs on the recipient nation, and they move from high-wage nations to low-wage nations.

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Definitions:

Past Service Costs

Costs related to pension plan benefits earned by employees in prior periods, which are recognized in the current period due to plan amendments or changes.

Actuarial Gains and Losses

Gains or losses that arise from the adjustment of assumptions or the application of actuarial models differently over time in evaluating a company's pension liabilities.

Projected Benefit Obligation

Represents an estimate of the total amount to be paid to participants in a defined benefit pension plan, based on employees' service and salary history.

Prior Service Cost

The cost associated with retroactive benefits granted in a pension plan amendment, recognized over the service lives of affected employees.