Problems 1, 2, 3. 1. o Rose lives in a poor country where she earns $5,000 per year. She has the opportunity to move to a rich country as a temporary worker for five years. Doing the same work, she'll earn $35,000 per year in the rich country. The cost of moving is $2,000, and it would cost her $10,000 more per year to live in the rich country. Rose's discount rate is 10 percent. Rose decides not to move because she will be separated from her friends and family. Estimate the psychic costs of Rose's move. - Suppose that the demand for rough laborers is L = 100 - 10W, where W = the wage in dollars per hour and L = the number of workers. If immigration increases the number of rough laborers hired from 50 to 60, by how much will the short-run profits of employers in this market change? . Clare lives in France and earns $30,000 per year at her job. She is considering a job offer in the United States, which would give her a salary of $32,000 per year for the next four years, after which she will return to France and start her university education. Moving costs (to the United States and back) would be $6,000, living expenses are similar in both places, and her personal discount rate is 6 percent. If she moved to the United States for this four-year experience, what is the present value of her net gain or loss