Dear Nancy, Mother has written me (1) the good grades (2) your latest report card. You are a better eight-grade student (3) I was (4) your age! (5) I was home (6) the Christmas holidays, you asked me (7) the courses I'm taking here, especially economics. You wanted me to explain (8) an economist does, (9) I am planning to be one. I told you 1 would have to write you an explanation (10) giving it a little thought. Well, here is my explanation. An economist is someone (11) knows a lot about (12) goods and wealth are produced (13) used. Food, (14) example, is a kind (15) goods. Everyone eats food, (16) the average person doesn't think much (17) all the things (18) must happen (19) food appears (20) his plate. (21) economics we learn how to guess (22) will happen (23) the future, as far as goods (24) prices are concerned. (25) fruit growers (26) Florida lost part (27) their crops (28) bad weather this month, what will happen (29) the price (30) oranges (31) New York two months (32) now? Economics helps me understand (33) happenings (34) different parts (35) the world are related (36) each other. I'm enclosing a story (37) fishing (38) Peru (39) will show you (40) I mean. Love, Ray