Exercises And Problems in Economics to Accompany Thompson's Elementary Economics
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In our eReader you can find the full English version of the book. Read Exercises And Problems in Economics to Accompany Thompson's Elementary Economics Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Exercises And Problems in Economics to Accompany Thompson's Elementary Economics
What reading level is Exercises And Problems in Economics to Accompany Thompson's Elementary Economics book?
To quickly assess the difficulty of the text, read a short excerpt:
Explain.
2. At one time the friends of protection argued that the high wages of American workmen made high tariff rates necessary to protect the American manufactures that gave these workmen employment. Now the argument is that the tariff itself makes the wages of American workmen high.
a. Examine each argument.
b. Is either sound ? Explain.
c. Are they inconsistent ? Why, or why not ?
d. What, in your opinion, is the relation of protection and wages ?
3. Examine the statement that "the tariff ...is a local issue." a. Which sections of the country invariably support or oppose protection?
b. Can you think of any inducement that might cause free trade senators to vote for protection? Explain.
c. How would you expect your congressman to vote on protection ? Why ?
d. Which is likely to be the stronger force, his own judg- ment or the interests of his district?
4. " Every purchase of foreign-made goods diminishes the demand for American labor." a. What is the basis of this statement?
b. What, in the long run, is used to pay for foreign-made goods ?
What to read after Exercises And Problems in Economics to Accompany Thompson's Elementary Economics?
You can find similar books in the "Read Also" column, or choose other free books by Charles Manfred Thompson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Explain.
2. At one time the friends of protection argued that the high wages of American workmen made high tariff rates necessary to protect the American manufactures that gave these workmen employment. Now the argument is that the tariff itself makes the wages of American workmen high.
a. Examine each argument.
b. Is either sound ? Explain.
c. Are they inconsistent ? Why, or why not ?
d. What, in your opinion, is the relation of protection and wages ?
3. Examine the statement that "the tariff ...is a local issue." a. Which sections of the country invariably support or oppose protection?
b. Can you think of any inducement that might cause free trade senators to vote for protection? Explain.
c. How would you expect your congressman to vote on protection ? Why ?
d. Which is likely to be the stronger force, his own judg- ment or the interests of his district?
4. " Every purchase of foreign-made goods diminishes the demand for American labor." a. What is the basis of this statement?
b. What, in the long run, is used to pay for foreign-made goods ?
What to read after Exercises And Problems in Economics to Accompany Thompson's Elementary Economics?
You can find similar books in the "Read Also" column, or choose other free books by Charles Manfred Thompson to read onlineMoreLess
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