Chapter 10 L Flashcards
Law of diminishing marginal returns?
idea that economic efficiency has an optimal level of population, and after its once reached, per capita levels begin to drop
This means, the more people there are, the less contribution the last one makes to national output.
Canada is not close to this population max.
Where do the majority of immigrants come from (present times)?
from developing countries.
Why not let more immigrants come into Canada?
While we wouldn’t have to pay more taxes, we wouldn’t have to pay less either. plus, the gov spends hundreds of millions on programs for immigrants. they also increase the costs of housing, education, and social costs.
What were the previously thoughts about immigrants, and are they true?
none are true.
they don’t steal jobs, they do pay taxes. and they don’t make Canadians earn less money. there is no evidence that they are a burden or a benefit.
