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Federal Reserve Bank of Boston Economic Quiz

Cape Cod Trivia
1. For years, Massachusetts was the ''Cranberry Capital'' of the United States, thanks to the many cranberry bogs in Plymouth and Cape Cod. In 1993, Massachusetts produced about half of the total cranberry production in the United States, as its 1.9 million barrels were almost 40% more than that produced by the next highest state. Today, Massachusetts has lost it’s title as the Cranberry Capital, as it now produces less than half of the amount produced by the new leading state. Who is today’s leading Cranberry Producer?
Arizona
Wisconsin
California
Louisiana
2. Cape Cod’s leisure and hospitality industry had an average employment of about 17,000 jobs in 2002. How many people work in Cape Cod’s leisure industry during July, relative to January?
450% more.
350% more.
150% more.
50% more.
3. Between 1990 and 1997, Barnstable County (Cape Cod) experienced which of the following?
The housing stock increased by 20% (i.e. 20% more homes in 1998 than 1990).
The lowest net in migration of residents of all 14 Massachusetts counties.
Average home sale prices soared to about $300,000 by 1997.
Resident deaths outnumbered births.
4. Some of the most active commercial fishing ports in the United States lie between Provincetown and Chatham on Cape Cod, where an estimated 15.4 million pounds of domestic fish landed in 2002. Which state reeled in the most fish for commercial purposes by weight in 2002?
Massachusetts
California
Virginia
Alaska
Kansas
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Economic quiz written by: Dan Schoenherr - July 2004