University of New Zealand.
B.A. Pass Examination, 1885.
General History and Political Economy.
Paper
b.
Political Economy.
Examiner: Rev.
W. Cuningham, D.Sc., B.D.
1. |
How would you define
wealth? What use of the terms
productive labour and
capital accords best with your definition? |
2. |
Discuss the respective advantages and disadvantages of production on a large and on a small scale both in regard to agriculture and manufactures. |
3. |
"Wages are paid out of capital." Discuss the truth of this statement (
a) at a given moment, and (
b) over a considerable period of years. |
4. |
If I suddenly change my expenditure from purchasing pine-apples to the hiring of labourers to drain a field. How do I affect (
a) different classes in the community, and (
b) the wealth of the community as a whole? |
5. |
What are the advantages and disadvantages of according a right of private property in land? Discuss with reference to old and new countries respectively.
|
6. |
What are the chief difficulties in comparing the real wages of labour in the same country at different times, and in different countries at the same time? |
7. |
Examine carefully the conditions which enable one country to undersell another. On whom docs the loss fall, and to whom does the gain accrue? |
8. |
Give an account of the similarities and difference s between credit and capital. |
9. |
What are the economic evils of (
a) direct taxation, (
b) changes in taxation? Explain what you mean by equality in taxation, and discuss whether the working classes in England bear an insufficient share of the public burdens. |
10. |
Discuss the wisdom of State influence (
a) to protect from competition, and (
b) to render competition really free. |