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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?
How large is the bias in the CPI due to not immediately incorporating new goods.
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Describe the changes in the model parameter(s) and resulting changes if any in the hiring decisions of the three types of firms.
Should the seniority rule be eliminated, what is MOST likely to gain greater influence over the process of selecting committee chairs.
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If the government wanted to achieve the same change in GDP as in part 8 by cutting taxes instead of increasing spending, how large would the tax cut need to be.
The setup cost is $100 per order up to 99. For orders of less than a pallet, the setup cost is $200. The setup cost for pallet loads is $1000. The holding cost is 1% of the purchasing cost per item per week.
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