Empirical data on the macroeconomy can be found in the Economic Report of the President. Go to

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Empirical data on the macroeconomy can be found in the Economic Report of the President. Go to www.gpoaccess.gov/eop/ and download statistical tables for the “civilian unemployment rate”

and “price indexes for gross domestic product.”

Jot down data on the seasonally adjusted unem ployment rate and the percent change in the GDP implicit price deflator for recent periods. Plot a few points on a graph to show how the economy has performed recently. (Sometimes data is presented for months or calendar quarters, rather than for years. For the purposes of this exercise, you may simply average the numbers within a year to get a number for the year.)

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Principles Of Economics In Context

ISBN: 9780765638823

1st Edition

Authors: Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras

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