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Question
5

Transcribed Image Text:Uso the following news clip to work Problems 6 and 7, and use the circular flow model to illustrate
your answers.
Households
Goods
markets
Factor
markets
Rest of
world
Firms
Gannett Outsourcing Nearly 500 Jobs to Indla Gannett (the largest U.S. newspaper publisher by
dally circulation) is outsourcing 485 Jobs to India.
Source: newjerseyglobe.com, December 11, 2020
Q6. Explain how Gannett's outsourcing to India will change India's GDP.
Q7. Explain how Gannett's outsourcing to India will change U.S. GDP.
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