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Q. Postcard: Bangalore. Hearts set on joining economy globally as Indian IT workers are brushing up on their interpersonal talents. The huge number of Indian workers staffing the world's tech firms and call centers possess cutting edge technology knowledge, but their interpersonal & communication skills lag far behind. Time Mag. 5/5/08
A. What comparative advantage does this news clip identify?
B. Using the info in this news clip, what services do you predict Bangalore India exports and what services do you predict it imports?
C. Who will gain and who will lose from the international trade that you described in your answer to B?
As part of your answer converse whether or not one or more of the legs of the organizational stool was unbalanced.
In the country of Sildavia, a market basket of goods and services cost $ 130 in 2003, $ 140 in 2004, and $160 in 2005. Based on this information and considering 2003 as the base year, inflation from 2003 to 2005.
calculate the price elasticity of demand for each product and compare with your teammates' elasticities.
What role did Red cloud play in the factional splits that occurred in the late 1860s and 1870s.
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
Elucidate what is the present discounted value of the cost of the car if you use GM's interest-free financing
Using the numbers that you calculated above, explain the relationship between the marginal cost and average variable cost.
Describe the difference between Economic contraction and Economic expansion
How many Argentine pesos would it cost given the new exchange rate you just calculated.
Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations.
How many tickets to sell to maximize total welfare.
Explain how much does consumption change this year in absolute dollars as a result of a $5,000 annual tax cut to your income, if the tax cut.
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