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Using the IMF database, collect the Gross Domestic Product (GDP) series NGDP_RPCH for the countries in Canada, Australia, and New Zealand, starting in 1980. Then
Using the IMF database, collect the Gross Domestic Product (GDP) series NGDP_RPCH for the countries in Canada, Australia, and New Zealand, starting in 1980. Then graph the data using Excel.
a) Describe how GDP growth has varied over time from the 1980s to 2020 for each country. b) Do you observe any episodes of recession? Any economic booms?
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