Asked by Tanisha Anderson on Apr 26, 2024
Verified
Native-born workers may not be harmed by immigration if it
A) reduces wages and labor demand is inelastic.
B) reduces the rate of return on capital.
C) increases the rate of return on capital.
D) causes production costs to rise.
Native-born Workers
Individuals born in a particular country working in its labor market, as opposed to foreign-born workers.
Immigration
The process by which individuals move from one country to another, with the intention of settling, permanently or temporarily, in the new country.
Wages
Payments made to workers for their labor, typically calculated on an hourly, daily, or weekly basis.
- Comprehend the effects of immigration on national production and corporate earnings in both origin and destination nations.
- Gain insight into the impact of immigration on salaries and labor market demands across diverse scenarios of capital availability.
Verified Answer
Learning Objectives
- Comprehend the effects of immigration on national production and corporate earnings in both origin and destination nations.
- Gain insight into the impact of immigration on salaries and labor market demands across diverse scenarios of capital availability.
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