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Using the accompanying Excel sheet with FRED.stlouisfed.org data, produce a ‘Phillips Curve’ scatter chart: Macroeconomics Assignment, UOL, UK
University | University of Leicester (UoL) |
Subject | Macroeconomics |
ANSWER ALL QUESTIONS
Part 1: Trends in the Data: Phillips Curve
1. Using the accompanying Excel sheet with FRED.stlouisfed.org data, produce a ‘Phillips Curve’ scatter chart for the United States over the last decade. Insert the chart (with a reference for the data) into your answers.
2. Comment on the shape of your data and include some reflections on the quality of the indicators for unemployment and core inflation.
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