Unformatted text preview: 6) From page 103, paragraph 3: Why would a government, like the French government, not attempt to create new jobs or new industries? Wouldn’t this create a stagnant economy with no real growth in the long term? 7) From page 138, paragraph 1: With more open international trade laws and tariffs, could the American economy grow even more by specializing even further? At what point does a country become too specialized? 8) From page 152, paragraph 1: With our per capita income at an all time high, how does that reflect on the poverty level in the country? 9) From page 177, paragraph 2: What backs the US dollar today? What determines whether it is strong or weak? 10) From Page 189, paragraph 2: What effects does globalization have on smaller economies in respect to changing their output or specialization as globalization occurs?...
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- Spring '08
- Economics, Economy of the United States, Per capita income, French government