What is brain drain?
A) increased recruiting efforts that attempt to raise the average level of education in developed nations
B) the loss of highly educated people from a low-income country as they move to higher-income opportunities in foreign countries
C) foreign direct investment that flows from a developed country to a developing country
D) the tendency for highly educated workers in high-income countries to move to low-income countries to volunteer their services
Question 2
During an expansion, how do inflation and unemployment typically change?
A) Inflation and unemployment both fall. B) Inflation falls and unemployment rises.
C) Inflation and unemployment both rise. D) Inflation rises and unemployment falls.