Nevada state

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Xfnzgre

Economics

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discuss the questions selected in the file uploaded about Nevada state, or choose any other 3 questions to discuss in the same file.

Recommended Textbook: Bade and Parkin’s Foundations of Macroeconomics (ISBN-13: 9780133460742) by Pearson Publishers. You can use any edition. Or, any other Principles of Macroeconomics book.


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Nevada Selected questions: 1) What is the relationship between counties with the lowest per capita income and their percentage of people holding bachelor’s degrees or higher? 2) What is your county’s per capita personal income? What is the percentage of residents with at least a bachelor’s degree or higher in your county? What might explain this data? 3) How did your state’s unemployment rate compare to the civilian unemployment rate during 2007-09 recession? Or any other recession? Alternative questions: a. What were your state’s top three employment sectors in the most recent year represented on the graph? b. What was the top employment sector by average weekly earnings in the most recent year on the graph? What might explain the higher average weekly earnings in this sector? c. Click this link (https://www.frbatlanta.org//media/documents/education/katrinas-classroom/lesson04/human_capital_poster.pdf) and review the infographic to answer these questions. What is human capital? How is the educational attainment of workers related to their median weekly earnings? d. On the employment sector graph: How many workers were employed in the construction sector in 2006? Reset the slider to find 2010 data. How does the number of workers employed in the construction sector in 2010 compare to the 2006 data? What is one possible explanation for the change in this data? e. What is the average weekly earnings for workers in the leisure and hospitality sector? What is one possible explanation for your answer? f. What is the relationship between counties with the lowest per capita income and their percentage of people holding bachelor’s degrees or higher? g. What is your county’s per capita personal income? What is the percentage of residents with at least a bachelor’s degree or higher in your county? What might explain this data? h. On the graph depicting unemployment rates, what do the grey shaded areas represent? i. How did your state’s unemployment rate compare to the civilian unemployment rate during 2007-09 recession? Or any other recession? j. In the time-series graphs, what observations do you have for business cycles? How is GDP related to C and I during recession and expansion? k. What happens to interest rates during business cycles?
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1

Running head: NEVADA STATE ECONOMICS

NEVADA STATE ECONOMICS
Student’s Name:
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NEVADA STATE ECONOMICS

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NEVADA STATE ECONOMICS
lower per capita income and people with a Bachelor’s degree and above in Nevada
Counties relationship.
The State of Nevada is famed for its expansive deserts. It has counties like Nye, Las Vegas,
Lander, Eureka, Lincoln among others. The counties in this state that have a low per capita income
equally have a low percentage of people above 25 years that have a bachelor’s degree and above.
For example, the county of Nye, which is th...


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