Unit 3 Part 2 - 11 2006 2007 two year public college commuter 12294 13126 four year public college resident 16087 17336 four year public college

Unit 3 Part 2 - 11 2006 2007 two year public college...

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11) 2006 2007 two year public college: commuter 12294 13126 four year public college: resident 16087 17336 four year public college: commuter 16967 18014 four year public college: out of state 26304 27791 four year private college: resident 33301 35374 four year private college: commuter 33085 35001 b) two year public college: commuter 6.77 four year public college: resident 7.76 four year public college: commuter 6.17 four year public college: out of state 5.65 four year private college: resident 6.23 four year private college: commuter 5.79 12) The unemployment rate is 5.1%, the same as August’s. Over the past year, it decreased by . 8%. 13) GDP and unemployment have an inverse relationship. As the GDP increases, unemployment decreases. After severe recessions, people become discouraged and stop looking for work. This results in a fall of the unemployment rate because people are not being accounted for accurately. Conversely, during periods of expansion, people are more attracted and motivated to work, therefore resulting in a fall of the unemployment rate.
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