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Mandarinka [93]
3 years ago
5

Johanna, an Austrian citizen, is graduating from a U.S. medical school. She knows she will have to pay a much higher percentage

of her income in taxes if she practices medicine in Austria, so she decides to remain in the U.S. after graduation and become a U.S. citizen. This is an example of ________in Austria
a. worker innovation
b. social equality
c. brain drain
d. culture shock
Business
1 answer:
Ierofanga [76]3 years ago
6 0

Answer:

C,<em> Brain drain</em>

<em></em>

Explanation:

<em>What is brain drain?</em> Brain drain according to Wikipedia is a problem described as the process in which a country loses its most educated and talented workers to other countries through migration. Negative effects include loss of tax revenues by the home country, and a loss of key health and education service professionals. <em>A brain drain can result from turmoil within a nation, the existence of favorable professional opportunities in other countries, or from a desire to seek a higher standard of living.  </em>Johanna's brain drain came as a result of more favorable conditions in the U.S.

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Last year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in millions) will they be 8 y
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In 8 years, Dania Corporation's sales would be $936.33 million.

Solution:

Since last year sales = $525 million,

Let last year be Year 0

So, in year 0 = $525 million.

Sales grow = 7.5% per year,

Year 1,

525 x 1.075 = $564.375 million.

Year 2,

564.375 x 1.075 = $606.7 million

Year 3,

606.7 x 1.075 = $652.2 million

Year 4

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Year 5

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Year 6

753.7 x 1.075 = $810.23 million

Year 7

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Finally in year 8

871 x 1.075 = $936.33 million

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