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Suppose that Rosa is considering migration to another country. To move, she will have to spend $2,000 on transportation and $5,000 in application and other
Suppose that Rosa is considering migration to another country. To move, she will have to spend $2,000 on transportation and $5,000 in application and other processing fees. Rosa's stream of future earnings in her home country is $300,000. She expects to earn a stream of future earnings of $700,000 in another country. Based on this information, Rosa's explicit cost of migrating is Multiple Choice 0 $300,000. $307,000. 0 0 $400,000. 0 $7,000
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