Why might population growth and immigration stimulate economic growth?

What will be an ideal response?


Faster population growth means the pool of innovators is larger, and innovation leads to more growth. Further, immigrants tend to be entrepreneurial and help stimulate innovation and growth.

Economics

You might also like to view...

The idea that people change their behavior in response to taxes is

A. highly controversial among economists. B. accepted by economists, but debated by those in Congress. C. uncontroversial among economists. D. None of these statements is true.

Economics

At each level of income, net taxes reduce disposable income, thereby reducing consumption spending

a. True b. False

Economics

The government could close an inflationary gap by increasing government spending by some amount greater than taxes

Indicate whether the statement is true or false

Economics

This graph shows elasticity of demand because the distance between Q1 and Q2 is ______ the distance between P1 and P2.



a. greater than
b. less than
c. the same as
d. irrelevant to

Economics