Suppose That Rosa Is Considering Migration to Another Country

question 28

Multiple Choice

Suppose that Rosa is considering migration to another country. To move, she will have to spend $5,000 on transportation and $4,000 in application and other processing fees. Rosa's stream of future earnings in her home country is $500,000. She expects to earn a stream of future earnings of $800,000 in another country. Based on this information, Rosa's explicit cost of migrating is

• A)$500,000.
• B)$9,000.
• C)$509,000.
• D)$5,000.

---

Definitions:

Spacing Effect

The tendency for distributed study or practice to yield better long-term retention than is achieved through massed study or practice.

Vocabulary Tests

Vocabulary tests are assessments designed to measure the range or depth of an individual's knowledge of words, their meanings, and usage.

Crams

An intense period of study or work, typically undertaken to meet a tight deadline or prepare for an examination.

Consciously Activated

Processes or actions that are initiated or controlled by an individual's conscious awareness and deliberate thought.