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4. Go to the Federal Reserve Economic Database (FRED) website (https:/fred.stlouisfed.org) and look up annual data for Gross Domestic Product (GDP) for Singapore (MKTGDPSGA646NWDB) and

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4. Go to the Federal Reserve Economic Database (FRED) website (https:/fred.stlouisfed.org) and look up annual data for Gross Domestic Product (GDP) for Singapore (MKTGDPSGA646NWDB) and Vietnam (MKTGDPVNA646NWDB) during the period 1985-01-01 to 2018-01-01. These measures are calculated in current U.S. Dollars and are not seasonally adjusted. Overlay the GDP data for both coun- tries in the same graph and include it as part of your submission. Look up annual data for Investment as a share of GDP for Singapore (KIPPPGSGA156NUPN) and Vietnam (CIPPPGVNA156NUPN) during the period 1970-01-01 to 2010-01-01. Overlay the investment data for both countries in the same graph and include it as part of your submission. a. Based on the graphs you constructed, which country has higher GDP? What accounts for the differences in the growth of GDP between Vietnam and Singapore based on the theory of economic growth? acrig . .. . as FONT CRAPH O FRED- onedant prices for Srappers5. Go to the Federal Reserve Economic Database (FRED) website (https://fred.stlouisfed.org) and look up annual data for M1 (MANMM101USA657S) and the Federal Funds Rate (FEDFUNDS) during the period 1995-01-01 to 2017-10-01. The units for M1 is the "Growth Rate Previous Period" and for the Federal Funds Rate is "Percent". Overlay the data for both series in the same graph and include it in your submission. NY I SY 1 10Y | Max 1925-01-01 40 2017-10-01 EDIT CRAPH Q FRED - Mi for the United Station - Federal Funds Effective Rate 175 75 Growth Rate Previous Period, Percent 4.0 AL -5.0 2060 2084 2014 2016 Shaded areas indicate US. receznoat Source: OECD: Board of Governors a. In the graph you constructed, what do you observe about the relationship between the money supply and interest rates. b. Explain what what the Federal Reserve can do to raise interest rates.10. Go to the Federal Reserve Economic Database (FRED) website (https://fred.stlouisfed.org) and look up data for quarterly real GDP (GDPC1) and quarterly real Potential GDP (GDPPOT) during the period 2000-01-01 to 2016-10-01. Complete the following table: % Change % Change % Change Series 2000/01/01 to 2008/01/01 to 2010/01/01 to 2007/10/01 2009/10/01 2016/10/01 real GDP (GDPC1) real Potential GDP (GDPPOT) a. Create a graph that overlays both quarterly real GDP and quarterly real Potential GDP during the period 2000-01-01 to 2016-10-01. Compare this graph with the graph on the last page of the problem set, which displays the quarterly civilian unemployment rate and quarterly natural unemployment rate during the period 2000-01-01 to 2016-10-01. Explain what you observe. FRED - Real Gross Domestic Product Not Seasonally Adjusted - Real Potential Gross Domestic Product 19.030 18.030 17 030 15 0 Billions of Chained 2012 Dollar 14 00 13 030 12.030 2002 2006 2008 2012 2014 2016 shaded areas inddone L.S. recessions. Sources BEA, CBD fred wouldfed.org

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