Question

In: Economics

Gathering and graphing data Go to the Federal Reserve Bank of St. Louis FRED database and...

Gathering and graphing data

Go to the Federal Reserve Bank of St. Louis FRED database and obtain annual data from

1970 to 2016 on “Constant GDP per Capita” for each of the G7 countries (Canada,

France, Germany, Italy, Japan, the United Kingdom, and the United States).

a. Move each country’s data on the same Excel spreadsheet and plot the series.

Which country had the highest GDP per capita in 1970? Which country had

the highest GDP per capita in 2016?

Solutions

Expert Solution

the highest GDP per capita in 1970- Canada

the highest GDP per capita in 2016- US


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