Question
Use a line graph to plot the US trade deficit from 2010 to March of 2019 using monthly or quarterly data. On the same graph
Use a line graph to plot the US trade deficit from 2010 to March of 2019 using monthly
or quarterly data. On the same graph plot US GDP normalized to the same scale (e.g.,
use the right axis for GDP so the heights of the lines are comparable). Include in your plot vertical lines
indicating the timing of important political and policy events. These events must
include the 2016 election, the 2017 tax cuts, and the series of tariff increases and
trade-policy agreements under the Trump administration. The idea is to show the
changes in the trade deficit and income over time (in a roughly equivalent scale) and
relate these series with important political events. Include a paragraph of text that
comments on the content of the graph. In the text you need to describe what is in the
graph, but also indicate if and how the "events" related to the observed data.
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