End of Chapter 3 Questions and Answers

End of Chapter 3 Questions and Answers - End of Chapter 3...

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End of Chapter 3 Questions and Answers 1. What is the difference between an MSA and a CMSA? Answer: An MSA ("metropolitan statistical area") is a basic metropolitan area. Each MSA consists of one (or a very few) designated central cities whose population exceeds 50,000, plus the surrounding urbanized area defined for statistical purposes by county boundaries, encompassing not only the county (or counties) in which the central cities are located, but also adjacent counties which are sufficiently urbanized and linked economically (e.g., by commuting patterns) to the central cities. A CMSA ("consolidated metropolitan statistical area") is a cluster of two or more adjacent MSAs, which are economically linked to some degree to a dominant MSA and together have a population of at least 1 million. Roughly speaking, if there is significant cross-commuting or daily travel among adjacent MSAs, then these are grouped together into a CMSA. 2. What is the population of the city you live in? What is the population of the county you live in? Do you live in a MSA as defined by the Census Bureau? If so, what counties are in it, and what is its total population? Do you live in a CMSA as defined by the Census Bureau? If so, what PMSAa are in it, and what is its total population? Based on the author’s city as of 2002:

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This note was uploaded on 02/07/2012 for the course FIN 4380 taught by Professor Staff during the Spring '08 term at Texas State.

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End of Chapter 3 Questions and Answers - End of Chapter 3...

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