Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the St. Louis Federal Reserve - Fred website:http://research.stlouisfed.org/fred2/search Look up current economic indicators for GDP, Inflation, U and Economic Growth .Put the last 3

Using the St. Louis Federal Reserve - Fred website:http://research.stlouisfed.org/fred2/search

Look up current economic indicators for GDP, Inflation, U and Economic Growth .Put the last 3 years in an excel spreadsheet and graph each overtime in a separate graph.Compare the relationship between them.More specifically, once you are at the website, I wantyou to use the followingfor prices, (the change in CPI is the inflation rate) unemployment and GDP.

-CPI - Consumer Price Index For All Urban Consumers: All Items, SA - seasonally adjusted - (Prices)

-U - Civilian Unemployment Rate (Unemployment)

-GDP - Real Gross Domestic Product, 3 Decimal (GDP)

-Change in Real Gross Domestic Product, (Economic Growth)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics and Its Application

Authors: walter nicholson, christopher snyder

11th edition

9781111784300, 324599102, 1111784302, 978-0324599107

More Books

Students also viewed these Economics questions