Go to FRED (http fred stlouisfed org) and open the Real GDP series (GDPC1) the URL for that page ishttps fred stlouisfed org series GDPC1 In the upper left hand corner, click on Download Data to open a spreadsheet with the Real GDP data, which runs quarterly from 1947Q1 (denoted by Fred as the first day of that quarter, i e , 1947 01 01) to 2022Q4 (denoted 2022 10 01) (10 points) Find the number of elapsed quarters and the number of elapsed years between 1947Q1 and 1973Q1 (15 points) Find the average annualized growth rate of Real GDP between 1947Q1 and 1973Q1 Please report the exact RATE(nper,pmt,PV,FV,type) function that is, the RATE function with the actual numbers that you use (10 points) Find the number of elapsed quarters and the number of elapsed years between 1973Q1 and 2022Q4 (15 points) Find the average annualized growth rate of Real GDP between 1973Q1 and 2022Q4 Please report the exact RATE(nper,pmt,PV,FV,type) function that is, the RATE function with the actual numbers that you use (10 points)Find the number of elapsed quarters and the number of elapsed years between 1947Q1 and 2022Q4 (15 points)Find the average annualized growth rate of Real GDP between 1947Q1 and 2022Q4 Please report the exact RATE(nper,pmt,PV,FV,type) function that is, the RATE function with the actual numbers that you use (25 points)Consider your answer to question (2), the average annualized growth rate of Real GDP between 1947Q1 and 1973Q1 Suppose Real GDP had continued to grow at this rate between 1973Q1 and 2022Q4 Find the implied value of Real GDP for 2021Q4 Compare that to the actual value for 2022Q4 reported in FRED Show your work

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Posted on Jul 02, 2024

Go to FRED (http://fred.stlouisfed.org) and open the Real GDP series (GDPC1) - the URL for that page ishttps://fred.stlouisfed.org/ series/GDPC1/. In the upper left-hand corner, click

Go to FRED (http://fred.stlouisfed.org) and open the Real GDP series (GDPC1) - the URL for that page ishttps://fred.stlouisfed.org/ series/GDPC1/. In the upper left-hand corner, click on "Download Data" to open a spreadsheet with the Real GDP data, which runs quarterly from 1947Q1 (denoted by Fred as the first day of that quarter, i.e., 1947-01-01) to 2022Q4 (denoted 2022-10-01).

(10 points) Find the number of elapsed quarters and the number of elapsed years between 1947Q1 and 1973Q1.
(15 points) Find the average annualized growth rate of Real GDP between 1947Q1 and 1973Q1.Please report the exact RATE(nper,pmt,PV,FV,type) function - that is, the RATE function with the actual numbers - that you use.
(10 points) Find the number of elapsed quarters and the number of elapsed years between 1973Q1 and 2022Q4.
(15 points) Find the average annualized growth rate of Real GDP between 1973Q1 and 2022Q4.Please report the exact RATE(nper,pmt,PV,FV,type) function - that is, the RATE function with the actual numbers - that you use.
(10 points)Find the number of elapsed quarters and the number of elapsed years between 1947Q1 and 2022Q4.
(15 points)Find the average annualized growth rate of Real GDP between 1947Q1 and 2022Q4. Please report the exact RATE(nper,pmt,PV,FV,type) function - that is, the RATE function with the actual numbers - that you use.
(25 points)Consider your answer to question (2), the average annualized growth rate of Real GDP between 1947Q1 and 1973Q1.Suppose Real GDP had continued to grow at this rate between 1973Q1 and 2022Q4. Find the implied value of Real GDP for 2021Q4. Compare that to the actual value for 2022Q4 reported in FRED.Show your work.