Question
Can you Using the St. Louis Federal Reserve - Fred website: http://research.stlouisfed.org/fred2/search Look up current economic indicators for GDP, Prices, Inflation, U and Economic Growth
Can you Using the St. Louis Federal Reserve - Fred website: http://research.stlouisfed.org/fred2/search
Look up current economic indicators for GDP, Prices, Inflation, U and Economic Growth . Put the last 3 years in an excel spreadsheet and graph each (including Quarterly data for GDP and Economic Growth) overtime in a separate graph. Compare the relationship between them. More specifically, once you are at the website, I want you to use the following for prices, (the change in CPI is the inflation rate) unemployment and GDP.
3) Describeeachseriesrelationship and comment on whether it is increasing or decreasing and how do they compare to one another.
1)CPI- Consumer Price Index For All Urban Consumers: All Items, SA - seasonallyadjusted - (Prices)
2) Percentage change in CPI from a year ago - (Inflation)
3)Civilian UnemploymentRate (Unemployment)
4)Real Gross Domestic Product, 3Decimal (GDP) - Real GDP
5)Change in Real Gross Domestic Product, (Economic Growth)
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