Many economists are in favor of increased immigration of adult foreigners who possess high levels of skills and education.Why?

Question

Quizplus · Accepted Answer

Economists believe that increased immigration of skilled and educated foreigners will lead to an increase in aggregate supply, as these individuals are likely to be productive and contribute to the economy. This can also increase innovation and bring new ideas and perspectives to a country's workforce. It is not based on caring, understanding or cheaper labor.

Many Economists Are in Favor of Increased Immigration of Adult