1.Which of the two counties currently has a higher unemployment rate? How much higher is it than the other? 2.Has that county always had a higher unemployment rate (during the entire length of the FRED data)? If not, when was the last time the other county had a higher unemployment rate? 3. Is there any other takeaway or conclusion you notice by comparing the two graphs?

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
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1.Which of the two counties currently has a higher unemployment rate? How much higher is it than the other?

2.Has that county always had a higher unemployment rate (during the entire length of the FRED data)? If not, when was the last time the other county had a higher unemployment rate?

3. Is there any other takeaway or conclusion you notice by comparing the two graphs?

FRED
Percent
15.0
12.5
10.0
7.5
5.0
2.5
0.0
ww
- Unemployment Rate in Harris County, TX
- Unemployment Rate in Collin County, TX
wwww
1995
2000
Source: U.S. Bureau of Labor Statistics
2005
maw
2010
2015
fred.stlouisfed.org
2020
Transcribed Image Text:FRED Percent 15.0 12.5 10.0 7.5 5.0 2.5 0.0 ww - Unemployment Rate in Harris County, TX - Unemployment Rate in Collin County, TX wwww 1995 2000 Source: U.S. Bureau of Labor Statistics 2005 maw 2010 2015 fred.stlouisfed.org 2020
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