GDP & CPI Assessment
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Use the GDP data from 1929 to 2008 collected in the first part of this assessment (Assignment 4 Data Collection) to match the following GDP numbers with the corresponding year.
(Points : 10)
: 103.6 1 : 1981
: 86.1 2 : 1938
: 101.4 3 : 1983
: 3536.7 4 : 1940
: 3128.4 5 : 1929
1. Please draw a CPI trend from 1929 to 2008, i.e. plot CPI (the vertical axis) against year (the horizontal axis).
2. Please compare the nominal and real GDP trends from 1929 to 2008, i.e. plot both nominal and real GDP (the vertical axis) against year (the horizontal axis).
3. Please compare the nominal and real GDP growth rates from 1930 to 2008, i.e. plot both nominal and real GDP (the vertical axis) growth rates against year (the horizontal axis).
4. Please identify the recession in the early 1990s in a diagram. Hint: Illustrate the variation in the real GDP from 1987-1993 in a chart.
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Solution Summary
This post conducts comprehensive assessment for GDP and CPI data.
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See the attached file. Hope this will help. Thanks
Use the GDP data from 1929 to 2008 collected in the first part of this assessment (Assignment 4 Data Collection) to match the following GDP numbers with the corresponding year.
(Points : 10)
Answer Potential Matches:
5 : 103.6 1 : 1981
2 : 86.1 2 : 1938
4: 101.4 3 : 1983
3 : 3536.7 4 : 1940
1 : 3128.4 5 : 1929
Use the CPI data from 1913 to 2008 collected in the first part of this assessment (Assignment 4 Data Collection) to match the following CPI numbers with the corresponding year.(Points : 10) Answer Potential Matches:
1 : 13.9 1 : 1936
2 : 14.0 2 : 1940
3: ...
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