Question
Hoai-Luu Nguyen, the founder and narrator of econimate, summarizes the findings of a recent economic paper The Effects of Immigration on the Economy: Lessons from
Hoai-Luu Nguyen, the founder and narrator of econimate, summarizes the findings of a recent economic paper "The Effects of Immigration on the Economy: Lessons from the 1920s Border Closure" by Ran Abramitzky, Philipp Ager, Leah Platt Boustan, Elior Cohen and Casper W. Hansen. This is a great example of economic research at work and of its relevance to current day events and debates.
"The Effects of Immigration on the Economy: Lessons from the 1920s Border Closure" econimate video.(Links to an external site.)
https://www.youtube.com/watch?v=_uOORAsQ6nE&list=PLMR7YToRbjlYI1O6UOr-kkTV-54VOYoUm
Watch the little video carefully and answer the following questions:
Q2/The fall in the wages of US-born rural workers can be explained by the following factor:
Investment in farm capital and shift away from labor intensive farm production.
Increased migration of US-born workers to rural areas.
Decrease in agricultural productivity.
Higher levels of farm idebtedness.
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