Writing Assignment: State Analysis Due Sunday, October 29th at 11:59pm. Submissi

Writing Assignment: State Analysis Due Sunday, October 29th at 11:59pm.
Submission Guidelines:
1. Save your work as one document with the title (State)(your LAST name)(your FIRST
name). For example, John Doe would save his work as ColoradoDoeJohn.
2. Turn in your assignment through Canvas (see instructions on Canvas closer to the due
date). This assignment is due Sunday, October 29th at 11:59pm. If your paper is not
submitted on time and in the correct format on Canvas, it will be counted as late and
potentially not graded.
Instructions:
Two of the most important indicators of macroeconomic health are output and employment. In
this writing assignment, you will analytically discuss each of these for a U.S. state. Your
assigned state (based on your last name) will be posted in Canvas.
The following essay should be 2 pages, single spaced, Times New Roman 12pt font, with 1-inch
margins. Part 1 should be 3/4 and Part 2 should be 1/4 of the assignment. Reference all sources
using MLA or APA format. Be sure to use in-text citations as well.
Part 1: State output, employment, and cost of living
1. Gross State Product (GSP), sometimes called GDP by state
Discuss the real annual GSP in your state: Was GSP increasing prior to the Covid
pandemic? How about after? What are the industries that contribute the most to GSP in
your state? How was output in different industries affected by Covid? Compare your
state’s GSP to Colorado GSP? Talk to me about GSP per capita? Is it high or low? Why
do you think this is? Etc.
Make sure your discussion includes:
• a definition of what GSP is
• the level of real annual GSP (in chained dollars) in 2018, 2019, and 2020
• the 1-year percentage change in GSP between 2018 and 2019 and between 2019
and 2020
• real GSP per capita in 2019 or 2020 (you will need to find population estimate)