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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?
A jar contains 21 pink and 26 navy marbles. A marble is drawn at random.P(navy)Express the probability as a decimal. Round to the nearest hundredth.
Calculate scale elasticity at the mean of the data; In order to reduce unit cost would you recommend an increase or a decrease in total production? Why?
q.assume that when an economy has a gdp of 500 consumption is 550. the mpc is .75. investment is 25. begin the problem
Illustrate what would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a level of production.
Illustrate what will be level of employment under monopsonistic conditions.
In 1976 independent Texaco retailers file suit against Texaco. In 1990, the Supreme Court of the United States found that Texaco had indeed violated antitrust law. Illustrate which law do you think Texaco was found guilty of violating.
How does this export subsidy affect the domestic price of steel, the quantity of steel produced, the quantity of stell consumed, and the quantity of steel exported. how does it affect consumer surplus, producer suprlus.
What has been the effect of longtime rent control in New York City? Why were controls initially imposed and why do they persist to this day?
What would be the resulting effect on equilibrium price level? Explain. What will be the effect of the different tools of fiscal policy to stabilize the economy?
Elucidate what happened to Ikonomia's net foreign assets during 2007. Did it acquire or lose foreign assets during the year.
What constant yearly rate of inflation would lead to the price rise observed over those two years.
What could the federal reserve system Fed do in 2000 in order to bring the economy back to full employment ? What did the Fed actually do? explain
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