6. Plot the growth rate of real GDP for the United Kingdom from 1960 to the present...
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6. Plot the growth rate of real GDP for the United Kingdom from 1960 to the present in three different ways: (1) annual data using percent change from a year ago (2) quarterly data using percent change from a year ago, and (3) quarterly data using percent change from the previous quarter. How do the three series differ?
Which measure is the least volatile? Which measure is the most volatile?
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Related Book For 
Macroeconomics Global Edition
ISBN: 978-1292318615
10th Edition
Authors: Andrew Abel ,Ben Bernanke ,Dean Croushore
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