A nation can maximize the net benefits from immigration by

Question

Quizplus · Accepted Answer

Maximizing net benefits means that we want to expand immigration until the marginal benefits equal the marginal costs. This ensures that society benefits from the greater supply of products and increased demand for them, without imposing an excessive burden on taxpayers. Contracting immigration or expanding it too much can result in negative consequences for society. Additionally, there is no evidence to support the claim that contracting immigration would reduce wage rates for domestic workers.

A Nation Can Maximize the Net Benefits from Immigration by