The total net private gain from migration to migrants and their employers:
A)is the increase in annual wages resulting from migration
B)overstates the social gain if there are real external benefits associated with the move
C)overstates the social gain if there are real external costs associated with the move
D)understates the social gain if there are pecuniary external costs associated with the move

Question

Quizplus · Accepted Answer

The total net private gain from migration primarily considers the direct benefits to migrants and their employers, such as increased wages or productivity. However, it may overstate the social gain if there are real external costs associated with the move, such as increased congestion or pressure on public services, which are not borne by the migrants or their employers but by the wider community.

The Total Net Private Gain from Migration to Migrants and Their