Under which circumstances is a Canada-based worker most likely to join the 'brain drain' and immigrate to the United States? When she can get an immediate pay raise in the USA Whenever the taxes that she faces in Canada are raised such that they exceed US taxes. Whenever the discounted present value of her earnings in USA exceed the discounted present value in Canada All of these above are possibilities
Under which circumstances is a Canada-based worker most likely to join the 'brain drain' and immigrate to the United States? When she can get an immediate pay raise in the USA Whenever the taxes that she faces in Canada are raised such that they exceed US taxes. Whenever the discounted present value of her earnings in USA exceed the discounted present value in Canada All of these above are possibilities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Under which circumstances is a Canada-based worker most likely to join the 'brain
drain' and immigrate to the United States?
When she can get an immediate pay raise in the USA
Whenever the taxes that she faces in Canada are raised such that they exceed
US taxes.
Whenever the discounted present value of her earnings in USA exceed the
discounted present value in Canada
All of these above are possibilities
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