500
What are two economic effects of migration to the US?
i. Contributes larger labor force; industry itself trying to keep cost low
ii. Reduces costs for a lot of goods (doesn’t mean good for workers, but for econ overall, people can consume more, increase demand for goods, fuels economy; note this is econ arg for migration, not necessarily taking into consideration exploitation of worker)
iii. Improved contributions to tax system
iv. Crowds out (a few - less than 10%) low-skill native-born workers, but benefits highly educated