BU204_10 _Finley_Joey_ Unit 2

BU204_10 _Finley_Joey_ Unit 2 -...

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Running head: ASIAN VS. AMERICAN WORKERS 1 Asian vs. American Workers Joey D. Finley Kaplan University BU204-10 Macroeconomics Unit 1 March 15, 2011
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Asian vs. American Workers Questions: 1. A representative of the American clothing industry recently made the following statement: “Workers in Asia often work in sweatshop conditions earning only pennies an hour. American workers are more productive and as a result earn higher wages. In order to preserve the dignity of the American workplace, the government should enact legislation banning imports of low-wage Asian clothing.” Answer the following: (10 points) a. Which parts of this quote are positive statements? Which parts are normative statements? (1) The positive statements are: (a) Workers in Asia often work in sweatshop conditions earning only pennies an hour. (b) American workers are more productive and as a result earn higher wages. (2) The normative statements are: (a) …government should enact legislation banning imports of low-wage Asian clothing. b. Would such a policy make some Americans better off without making any other Americans worse off? Explain who and why. (1)
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BU204_10 _Finley_Joey_ Unit 2 -...

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