Question
1. First, download GDP Gross Domestic Product, Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate and GDPC1 Real Gross Domestic Product, Billions of Chained 2017
1. First, download GDP Gross Domestic Product, Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate and GDPC1 Real Gross Domestic Product, Billions of Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate data series from https://fred.stlouisfed.org from 2000Q1 to 2020Q4 (5pts)
2. Second, use Excel (or any other suitable spreadsheet program) to create 2-D line chart where the y-axis (vertical) represents GDP, and the x-axis (horizontal) represents the year-quarter (10 points). Provide the y-axis title (2.5 points), x-axis title (2.5 points), chart title (2.5 points), and legend (2.5 points). Then, adjust the x-axis to display only the year and month, excluding the day (5 points).
3. Third, you should notice the real GDP and nominal GDP cross around the year 2017. Why is that? (10pts)
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