1. Some people believe that outsourcing jobs to lower wage countries will benefit the U.S. economy in the long run because the price of the goods will be lower. Do you agree with this belief? Why or why not?
2. What is MAD and why is it important in the selection and use of forecasting models? How does it compare with MAPE and MSE? What are the differences between the three? Outside research is required. Remember to cite your sources.