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In FRED, generate a graph showing the following series at the same time. Federal Funds Effective Rate Unemployment Rate Inflation, Consumer Prices for the United

In FRED, generate a graph showing the following series at the same time. 
  • Federal Funds Effective Rate
  • Unemployment Rate
  • Inflation, Consumer Prices for the United States

Complete the following tasks.

  1. Download and submit a copy of the graph.
  2. Briefly comment on the general patterns of the Fed Funds Rate shown in each business cycle of the U.S. - How the Fed Funds Rate changes during each expansion, and each recession?
  3. Briefly comment on the general patterns of the Unemployment Rate shown in each business cycle of the U.S. - How the Unemployment Rate changes during each expansion, and each recession?
  4. Briefly comment on the general relationship between the Fed Funds Rate and the Unemployment Rate.
  5. Briefly comment on the general relationship between the Fed Funds Rate and the Inflation.

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