lectur6-page32

lectur6-page32 - 3000 2500 2000 1500 1000 500 98 96 94 92...

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Unformatted text preview: 3000 2500 2000 1500 1000 500 98 96 94 92 90 88 86 84 82 80 78 76 74 72 0 9 9 6 9 3 9 0 9 7 8 4 8 1 8 8 7 5 7 7 2 500 450 400 350 300 250 200 150 100 50 0 32 The chart on the top is North Carolina Real Net Farm Income. The chart on the bottom is Agricultural Institute Enrollment for the fall semester. Do you see any relationship between the two charts? Do they have a similar pattern? Do you notice that enrollment is “lagging” real net farm income? In other words, as net farm income increases, Ag. Inst. enrollment increases in response, but a few years after the increase in real net farm income. When real net farm income decreases, Ag. Inst. enrollment decreases in response, but a few years after the decrease in real net farm income. Pretty neat huh? As agriculture becomes more profitable, more students tend to enroll in the agricultural curriculums of the Ag. Institute. As agriculture becomes less profitable, less students tend to enroll in the agricultural curriculums of the Ag. Institute. Are we seeing human resources responding to rates of return? 32 ...
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