[Expert Solution]: What effect will an increase in…

What effect will an increase in immigration of foreign-trained registered nurses (FTRNs) have on the US market for registered nurses? Hospitals will have to devote more resources (increased cost) to the training of FTRNs once they are hired. FTRNs will increase the supply of registered nurses, thereby slowing the rate of nurse wage increase. FTRNs, by increasing the supply of registered nurses and slowing nurse wage growth, will reduce enrollment in nursing schools. 1, 2 and 3 Hospitals will have to devote more resources (increased cost) to the training of FTRNs once they are hired. FTRNs will increase the supply of registered nurses, thereby slowing the rate of nurse wage increase. FTRNs, by increasing the supply of registered nurses and slowing nurse wage growth, will reduce enrollment in nursing schools. 1,2 and 3