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The data file for U.S. retail sales (RetailSales2018_clean.xlsx ) which also contains monthly data for the Consumer Price Index (CPI). Recreate Figures 1.2, 1.3, 1.5,
- The data file for U.S. retail sales (RetailSales2018_clean.xlsx ) which also contains monthly data for the Consumer Price Index (CPI).
- Recreate Figures 1.2, 1.3, 1.5, and 1.6 using R
- Create a series called real prices by dividing sales by the CPI; then replicate Figures 1.2 and 1.3 for this series using R.
- Compare the four graphs commenting on similarities and differences.
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