Author Question: Why are a large number of IT jobs being outsourced to China and India? a. India and China ... (Read 303 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Why are a large number of IT jobs being outsourced to China and India?
 a. India and China experience large balance of payment deficits.
  b. India and China are highly capital intensive economies.
  c. India and China have abundant supply of cheap skilled labor.
  d. India and China offers the best working conditions for the employees.
  e. India and China experiences balance of payment surpluses.

Question 2

An inferior good or service is any good or service for which:
 a. an increase in price causes an increase in the quantity demanded.
  b. a decrease in price causes an increase in demand.
  c. an increase in price causes a decrease in the quantity demanded.
  d. an increase in the amount consumed causes a decrease in marginal utility.
  e. an increase in income causes a decrease in demand.



chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

c

Answer to Question 2

e



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

chem1s3

  • Sr. Member
  • ****
  • Posts: 320

 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library