Source book in Economics
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In our eReader you can find the full English version of the book. Read Source book in 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 Source book in Economics
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The percentages found in the latter inquiry were 24 for incomes between $600 and $700, and for successive income groups, rising by $100 stages, 22, 20, 19, 18, 16 — the last for incomes over $1100. The congestion of population in New York, fortunately exceptional, doubt- less accounts in part for the fact that in that city house rent claims one-quarter of the $600 incomes.
An examination of the percentage expended for food, housing, and other purposes suggests that the proportion of income devo...ted to each of them may not always move in the same direction as we pass from one income-group to the next higher. The $400 families in the Labor Report of 1903 spend a higher percentage for food than the $300 families. If the comparison is carried far enough upward in the scale of in- comes, a point is reached in New York where rent ceases to fall off in percentage expenditure, and clothing ceases to de- mand a larger proportion than in the group preceding. The fact seems to be that each of the three primary wants takes its turn in urging its claims vociferously, and when these have been pacified, the desires for the things that make life worth living begin to be heard.
What to read after Source book in Economics?
You can find similar books in the "Read Also" column, or choose other free books by Fetter, Frank A. (Frank Albert), 1863-1949 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The percentages found in the latter inquiry were 24 for incomes between $600 and $700, and for successive income groups, rising by $100 stages, 22, 20, 19, 18, 16 — the last for incomes over $1100. The congestion of population in New York, fortunately exceptional, doubt- less accounts in part for the fact that in that city house rent claims one-quarter of the $600 incomes.
An examination of the percentage expended for food, housing, and other purposes suggests that the proportion of income devo...ted to each of them may not always move in the same direction as we pass from one income-group to the next higher. The $400 families in the Labor Report of 1903 spend a higher percentage for food than the $300 families. If the comparison is carried far enough upward in the scale of in- comes, a point is reached in New York where rent ceases to fall off in percentage expenditure, and clothing ceases to de- mand a larger proportion than in the group preceding. The fact seems to be that each of the three primary wants takes its turn in urging its claims vociferously, and when these have been pacified, the desires for the things that make life worth living begin to be heard.
What to read after Source book in Economics?
You can find similar books in the "Read Also" column, or choose other free books by Fetter, Frank A. (Frank Albert), 1863-1949 to read onlineMoreLess
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