1. Graph the index of consumer sentiment, using quarterly data since 1965. Construct scatter plots relating the...

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1. Graph the index of consumer sentiment, using quarterly data since 1965. Construct scatter plots relating the consumer sentiment index to the growth rate of real consumption expenditures, using quarterly data since 1965. Generally speaking, does consumption grow more quickly when consumers are more optimistic? Do the same exercise for consumer sentiment and real consumption expenditures on durable goods since 1999.

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Macroeconomics

ISBN: 9780134896441

10th Edition

Authors: Andrew Abel, Ben Bernanke, Dean Croushore

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