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Question C What is the value of the additional gain to the neighborhood economy when workers are allowed to move between bars? $ Question 3

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Question C What is the value of the additional gain to the neighborhood economy when workers are allowed to move between bars? $ Question 3 Question A (5 points) Claire is considering a $10,000 night class that lasts one period and will only be useful for the period that occurs two periods after training, even though she has to pay for the course immediately. She could alternatively take the money and invest at an annual rate of 10%. What must the minimum additional pay for the skill be for her to take the class? Question B (5 points) Luke wants to take classes at the local community college in the hopes of getting a job that pays $40,000 after he finishes. He expects to earns $15,000 per period if he just works for his mom's company. The school's cost of attendance is $3,000 and only lasts one period. Calculate his internal rate of return assuming that Luke must pay for school immediately, cannot work while going to school, and will work for 1 period after he finishes school. Question C (10 points) Phil is 50 years old and presently earns $90,000. Phil has the opportunity to enroll in a job-training course at work for a one-time cost of $10,000. Since Phil is already a pretty good worker, he expects to earn an additional $2,000 per year. Phil has a discount rate of 5%. (2 points) If Phil expects to work until age 60 (i.e., ten more years), will he take the course

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