Suppose that the projected lifetime earnings gains from migration exceed the costs of moving. Explain how the

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Suppose that the projected lifetime earnings gains from migration exceed the costs of moving. Explain how the decision to move might be reversed when a person considers present value.

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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Question Posted: May 23, 2013 07:51 AM

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Suppose that the projected lifetime earnings gains from migration exceed the costs of moving. Explain how the

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If this person were adding up earnings per year without taking into account discounting ...View the full answer

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