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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?
chance that she will lose her cash or have it stolen. Under these conditions, how often does Tracy go to the ATM, and how much cash does she take out each time?
Which bank is giving the best deal? If they go with that bank, how many dollars in interest will they pay?
If the marginal product per dollar of capital is $2, the marginal product of labor is 20, the price of labor is $10 and the marginal product of land is 32, what is the price of land?
Can anyone think of a program which costs a lot but does not provide long lasting benefits.
Profits for Firm 1 have risen from $256 to $288, while profits of Firm 2 have declined sharply from $256 to $144. B. How much will each firm produce and what will its profit be.
Long-Term Investment Decisions Due Week 9 and worth 300 points Assume that the low-calorie microwavable food company from Assignments 1 and 2 wants to expand and has to make some long-term capital budgeting decisions.
Elicidate the Consumption and Government Spending equal to what. Would you expect to find out a few relatively large firms or many relatively small company.
In 2012, Balnur taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2013, she quit teaching, stopped renting out her basement, and began to use it as the office for her new Web site design business.
Suppose that a change in the expected inflation rate leads supply and demand to adjust so that the expected real interest rate is unchanged at 3.0 percent.
llustrate what increase in G is necessary to achieve target output in domestic economy. Illustrate what would be increase in G and T needed if government wanted to keep a balanced budget.
Explain the aspects of expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate?
What is the primary function of banks in the macro economy? How do banks facilitate the circular flow?
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