How would an economist go about examining the net costs of immigration? What have recent studies suggested?

What will be an ideal response?

To determine whether the net benefits of immigration outweigh its net costs, we must ask one important question: To what extent does immigration reduce domestic wages and increase unemployment? A number of recent studies have found that metropolitan areas with greater numbers of immigrants seem to have only slightly lower wages and only slightly higher unemployment rates.

Economics

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Special Drawing Rights are financial assets created by

(a) the World Bank. (b) the United National Development Program. (c) multinational corporations. (d) the International Monetary Fund.

Economics

A farm can produce 10,000 bushels of wheat per year with 5 workers and 13,000 bushels with 6 workers. The marginal product of the sixth worker for this farm is:

a. 10,000 bushels. b. 3,000 bushels. c. 500 bushels. d. 23,000 bushels.

Economics