William Henry Harrison High School BUSINESS 101Unit Activity 2.Economic Data Collection and Analysis

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Task 1 Print Economic Data Collection and Analysis GDP, inflation, and unemployment rates can be used to measure the health of an economy and its possible growth. Let’s look at some current da... ta. Part A Click your state on the map to find employment data for your state. Type the relevant employment data in the chart below. This study source was downloaded by 100000824368823 from CourseHero.com on 05-01-2021 04:12:55 GMT -05:00 https://www.coursehero.com/file/41633672/Unit-Activity-2docx/ This study resource was shared via CourseHero.com Criteria Data One to two sentences that explain this data State you chose Indian a It's the state I live in Unemployment rate for the last reported month 3.6 March This is the rate of unemployment in Unemployment rate for the month before the most recent month 3.5 February This is the rate of unemployment in Change in the unemployment rate from one month to the next 0.1 to March went up 0.1 The unemployment rate from February Number employed in the most recent month 3,291 .1 The employment of March Number employed in the month before the most recent month 3,286 .9 The employment of February Number of jobs gained or lost between these two months 4.2 February and March There were 4.2 jobs gained between Part B Economists frequently use the Consumer Price Index (CPI) to measure inflation, the general increase in prices. The CPI measures the monthly change in the prices of what typical Americans buy. If the CPI is positive, it means that prices are going up. If it is negative, it means that prices are going down. Now, review this US economic data, and type the relevant information in the chart. [Show More]

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