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I. Using Economagic, select the following 'Six Macro Variables':
(All Variables listed below can be accessed at the Federal Reserve St. Louis 350+ Series and at the BEA National Accounts- used in the Project #3).Check with your Coach on your time period selection and get an 'OK' before you begin the project.
1) OUTPUT ( GROSS DOMESTIC PRODUCT , Chained 1996 Dollars )
2) EMPLOYMENT ( CIVILIAN EMPLOYMENT , 16 years and older )
3) PRICES ( GROSS DOMESTIC PRODUCT IMPLICIT PRICE DEFLATOR )
4) BUDGET ( FEDERAL GOV'T SURPLUS or DEFICIT , NIPA BASIS )
5) TRADE ( BALANCE OF PAYMENTS, BALANCE OF GOODS & SERVICES )
6) RATES ( 10 YEAR TREASURY CONSTANT MATURITY RATE )
II. Choose ONE of the following time periods
to chart and review:
A. 1957-1967: "Camelot" and "The High Tide of the New Economics"
B. 1968-1979: "The Great Ungluing"
C. 1980-1988: "Conservative Revival"
D. 1989-2000: "The Great Boom"
III. 'Six' Charts: Create 6 pdf charts (both scales) of all 'Six Macro Variables' for the time period that you have selected. I suggest you use the transformation option- "smoothed percentage change" as your chart format.
IV. Presentation: Review your charts and based on 'what you see in your charts'
describe the period in question . Limit your description to 2 pages typed (double spaced, 12 pt font size, 1" margins ). While no
'research' is required, your course materials are available at a click and recommended.
Include a cover page and your 'six' charts.
X. Due Date: Final Exam Day!
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