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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.page 2.gif) |
| 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. |
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