Asked by Mitch Carpenter on Apr 26, 2024
Verified
The simple immigration model suggests that, for a high-wage country like the United States, immigration tends to reduce domestic output as well as the total income of businesses.
Simple Immigration Model
A theoretical framework used to analyze the economic effects of immigration, often focusing on labor market impacts.
Domestic Output
The total value of all goods and services produced within a country's borders in a given time period.
- Analyze the economic theories and models that explain the dynamics of immigration and its impact on wages, employment, and national output.
Verified Answer
TN
Thúy NgânnApr 28, 2024
Final Answer :
False
Explanation :
The simple immigration model actually suggests that immigration increases the overall labor force, leading to an increase in domestic output and potentially increasing the total income of businesses due to the availability of more labor and possibly lower wage costs, enhancing productivity and economic growth.
Learning Objectives
- Analyze the economic theories and models that explain the dynamics of immigration and its impact on wages, employment, and national output.
Related questions
Economic Analysis Suggests That Immigration Can Either Benefit or Harm ...
Other Things Equal, Larger Wage Differences Between Nations Tend to ...
In 2017, China Overtook Mexico to Become the Number One ...
In 2017, Immigrants Made Up a Larger Portion of the ...
There Was a Big Spike in Legal Immigration into the ...