Suppose a proposed law will ban migration into the U.S..Considering who gains and who loses from migration,economic theory suggests that,in general:
A)U.S.businesses and U.S.workers would support the law
B)U.S.businesses and U.S.workers would object to the law
C)U.S.businesses would support the law while U.S.workers would object to it
D)U.S.businesses would object to the law and U.S.workers would support it

Question

Quizplus · Accepted Answer

Economic theory suggests that businesses benefit from having access to a larger pool of workers, which migration provides. Thus, U.S. businesses would object to the law as it would limit their access to labor. On the other hand, workers may support the law as it would reduce competition for jobs and potentially increase wages. Therefore, U.S. workers would support the law while U.S. businesses would object to it.

Suppose a Proposed Law Will Ban Migration into the U