1. One big question is "how is economic growth distributed?" This first questions looks at labor's share of income. that is how much do 1workers get out of the total pie. a. Using FRED. acquire the Following data series: Gross Domestic Product {FRED Code "GDP"] and Compensation of employees (FRED Code A033RC1AUZTNBEA") (Note. I will call this Labor Compensation}. For convenience. work only with annual frequencies. Construct a similar table as that displayed below, by computing the growth rates by decade of GDP {nominal} and Labor Compensation. Series 19701930 19801990 19902000 EDGE2013 1970213 Growth Rate of GDP Growth Rate of Labor Compensation