Question

In: Economics

Collect annual Data on the following series: real GDP, Government Expenditure, Investment, and Population for 30...

Collect annual Data on the following series: real GDP, Government Expenditure, Investment, and Population for 30 years from an economy of Norway in "Current US dollar, all units and year must be same ' in excel file

https://fred.stlouisfed.org/

Solutions

Expert Solution

FRED Graph Observations
Federal Reserve Economic Data
Link: https://fred.stlouisfed.org
Help: https://fred.stlouisfed.org/help-faq
Economic Research Division
Federal Reserve Bank of St. Louis
Gross Domestic Product for Norway, Current U.S. Dollars, Annual, Not Seasonally Adjusted
Frequency: Annual
observation_date MKTGDPNOA646NWDB
1987-01-01 94230055658.62710
1988-01-01 101900260856.22200
1989-01-01 102633789557.53500
1990-01-01 119791683307.50700
1991-01-01 121872464483.48700
1992-01-01 130838040067.58400
1993-01-01 120579072750.59600
1994-01-01 127131461119.92700
1995-01-01 152027402449.80400
1996-01-01 163517783497.16300
1997-01-01 161354369892.83800
1998-01-01 154165219811.53300
1999-01-01 162286003692.68600
2000-01-01 171315639982.73100
2001-01-01 174003247439.30500
2002-01-01 195418347152.98500
2003-01-01 228752436371.85400
2004-01-01 264357494659.38800
2005-01-01 308722079937.91200
2006-01-01 345424664369.35700
2007-01-01 401082621082.62100
2008-01-01 462554432624.11400
2009-01-01 386622457579.95000
2010-01-01 429130952709.22400
2011-01-01 498831558925.86000
2012-01-01 510229136226.90200
2013-01-01 523502127659.57400
2014-01-01 499338534779.15900
2015-01-01 386663139402.70700

Link:https://fred.stlouisfed.org/series/MKTGDPNOA646NWDB

Federal Reserve Economic Data
Link: https://fred.stlouisfed.org
Help: https://fred.stlouisfed.org/help-faq
Economic Research Division
Federal Reserve Bank of St. Louis
NORGFCEADSMEI Government Final Consumption Expenditure in Norway, Billions of current USD, Annual, Not Seasonally adjusted
Frequency: Annual
observation_date NORGFCEADSMEI
1978-01-01 6.3
1979-01-01 6.8
1980-01-01 7.8
1981-01-01 8.9
1982-01-01 10.0
1983-01-01 11.1
1984-01-01 12.0
1985-01-01 13.1
1986-01-01 14.4
1987-01-01 16.5
1988-01-01 17.2
1989-01-01 18.5
1990-01-01 19.8
1991-01-01 21.7
1992-01-01 23.2
1993-01-01 24.5
1994-01-01 25.3
1995-01-01 26.4
1996-01-01 28.1
1997-01-01 29.9
1998-01-01 32.6
1999-01-01 34.9
2000-01-01 37.3
2001-01-01 41.2
2002-01-01 44.0
2003-01-01 46.3
2004-01-01 48.2
2005-01-01 50.3
2006-01-01 53.7
2007-01-01 57.5
2008-01-01 63.1
2009-01-01 68.6
2010-01-01 72.2
2011-01-01 76.4
2012-01-01 80.6
2013-01-01 84.9
2014-01-01 90.0
2015-01-01 94.9

Link: https://fred.stlouisfed.org/series/NORGFCEADSMEI

FRED Graph Observations
Federal Reserve Economic Data
Link: https://fred.stlouisfed.org
Help: https://fred.stlouisfed.org/help-faq
Economic Research Division
Federal Reserve Bank of St. Louis
BPFADI01NOQ637N Financial Account: Net Direct Investment for Norway, US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted
Frequency: Quarterly
observation_date BPFADI01NOQ637N
1994-01-01 11680000.0000000
1994-04-01 677800000.0000000
1994-07-01 855600000.0000000
1994-10-01 -974130000.0000000
1995-01-01 628310000.0000000
1995-04-01 463900000.0000000
1995-07-01 -1437510000.0000000
1995-10-01 -121010000.0000000
1996-01-01 -13870000.0000000
1996-04-01 -1662600000.0000000
1996-07-01 738400000.0000000
1996-10-01 -1936590000.0000000
1997-01-01 -1268860000.0000000
1997-04-01 -1434390000.0000000
1997-07-01 -870720000.0000000
1997-10-01 2218160000.0000000
1998-01-01 90140000.0000000
1998-04-01 747590000.0000000
1998-07-01 215460000.0000000
1998-10-01 342370000.0000000
1999-01-01 -158190000.0000000
1999-04-01 2059910000.0000000
1999-07-01 421720000.0000000
1999-10-01 -1354360000.0000000
2000-01-01 -96010000.0000000
2000-04-01 227080000.0000000
2000-07-01 -5413560000.0000000
2000-10-01 2818390000.0000000
2001-01-01 733290000.0000000
2001-04-01 2799720000.0000000
2001-07-01 -1623830000.0000000
2001-10-01 -648880000.0000000
2002-01-01 -3554470000.0000000
2002-04-01 958390000.0000000
2002-07-01 -1228470000.0000000
2002-10-01 -905280000.0000000
2003-01-01 -1407980000.0000000
2003-04-01 2212630000.0000000
2003-07-01 -2490020000.0000000
2003-10-01 -817940000.0000000
2004-01-01 -867250000.0000000
2004-04-01 2502720000.0000000
2004-07-01 -4469170000.0000000
2004-10-01 129660000.0000000
2005-01-01 -11391940000.0000000
2005-04-01 -4715670000.0000000
2005-07-01 -4352570000.0000000
2005-10-01 -1304260000.0000000
2006-01-01 -6870180000.0000000
2006-04-01 841950000.0000000
2006-07-01 -6501400000.0000000
2006-10-01 2592510000.0000000
2007-01-01 -10439310000.0000000
2007-04-01 -273240000.0000000
2007-07-01 -4614360000.0000000
2007-10-01 14506220000.0000000
2008-01-01 -10375450000.0000000
2008-04-01 -4249040000.0000000
2008-07-01 -7303620000.0000000
2008-10-01 8628980000.0000000
2009-01-01 -3505130000.0000000
2009-04-01 4033910000.0000000
2009-07-01 -14642570000.0000000
2009-10-01 12573470000.0000000
2010-01-01 -4357330000.0000000
2010-04-01 -5935530000.0000000
2010-07-01 -152100000.0000000
2010-10-01 4126600000.0000000
2011-01-01 -9270350000.0000000
2011-04-01 -1070840000.0000000
2011-07-01 -7413880000.0000000
2011-10-01 10604550000.0000000
2012-01-01 -7708350000.0000000
2012-04-01 -2925230000.0000000
2012-07-01 4315240000.0000000
2012-10-01 2579050000.0000000
2013-01-01 -690350000.0000000
2013-04-01 -703300000.0000000
2013-07-01 -1124950000.0000000
2013-10-01 -11271290000.0000000
2014-01-01

-7317520000.0000000

1181800000.0000000

2014-04-01

Link: https://fred.stlouisfed.org/series/BPFADI01NOQ637N
FRED Graph Observations
Federal Reserve Economic Data
Link: https://fred.stlouisfed.org
Help: https://fred.stlouisfed.org/help-faq
Economic Research Division
Federal Reserve Bank of St. Louis
POPTOTNOA647NWDB Population, Total for Norway, Persons, Annual, Not Seasonally Adjusted
Frequency: Annual
observation_date POPTOTNOA647NWDB
1986-01-01 4167354
1987-01-01 4186905
1988-01-01 4209488
1989-01-01 4226901
1990-01-01 4241473
1991-01-01 4261732
1992-01-01 4286401
1993-01-01 4311991
1994-01-01 4336613
1995-01-01 4359184
1996-01-01 4381336
1997-01-01 4405157
1998-01-01 4431464
1999-01-01 4461913
2000-01-01 4490967
2001-01-01 4513751
2002-01-01 4538159
2003-01-01 4564855
2004-01-01 4591910
2005-01-01 4623291
2006-01-01 4660677
2007-01-01 4709153
2008-01-01 4768212
2009-01-01 4828726
2010-01-01 4889252
2011-01-01 4953088
2012-01-01 5018573
2013-01-01 5079623
2014-01-01 5137232
2015-01-01 5188607

Link: https://fred.stlouisfed.org/series/POPTOTNOA647NWDB

Rahul Sunny answered 1 year ago
Next > < Previous

Related Solutions

For this part of the project, you’ll collect data on real GDP and potential GDP measures...
For this part of the project, you’ll collect data on real GDP and potential GDP measures from the FRED website.   – Real GDP (GDPC1) AND Real Potential GDP (GDPPOT), 2007 – current year After that, answer all these questions. 1. What is the conceptual difference between real GDP and potential GDP? In terms of the economy using their resources, what does it mean if real GDP is less than potential GDP? What does it mean if real GDP is greater...
To establish the impact of population of GDP, you collect quarterly data on the two variables...
To establish the impact of population of GDP, you collect quarterly data on the two variables from the period 1980 to 2016 and obtain the following values; i=1nyi2=54163.6 ;       i=1nxi2=59.225 ; i=1nxiyi=-1491.885 ;             i=1nYi=6278; i=1nXi=199.5;    i=1nYi2=3995492;    i=1nXi2=4039.25; i=1nXiYi=111756 Using these values, you estimate the model; GDPi=β0+β1Populationi+Ui Based on the above model, derive the parameters using OLS.          [6 Marks] Using the data above, compute the estimates β0 and β1 and provide and economic interpretation.                                                                      [6 Marks       
Does real GDP growth cause unemployment to fall? Collect data on US average quarterly unemployment and...
Does real GDP growth cause unemployment to fall? Collect data on US average quarterly unemployment and US GDP growth the last 10 years.Run a linear regression, and report the results (t-statistic or p-value, R2).Is there a strong causation?
Does real GDP growth cause unemployment to fall? Collect data on US average quarterly unemployment and...
Does real GDP growth cause unemployment to fall? Collect data on US average quarterly unemployment and US GDP growth the last 10 years. Run a linear regression, and report the results (t-statistic or p-value, R2). Is there a strong causation?
Consider the following data on real GDP per capita in: Year Per Capita Real GDP 1950...
Consider the following data on real GDP per capita in: Year Per Capita Real GDP 1950 14 339 1960 17 351 1970 23 790 1980 30 732 1990 35 868 2000 43 288 2010 46 406 2011 47 554 2012 47 741 2013 48 066 2014 48 780 a) Calculate the percentage growth rates in real GDP per capita in each of the years 2011 through 2014, from the previous year. b) Now, instead of calculating the annual percentage growth...
Consider the following data for the country below. Real GDP per Capita$60,000, Year 1 Population 300...
Consider the following data for the country below. Real GDP per Capita$60,000, Year 1 Population 300 ,Year 1 and Year 2(Millions) Inflation Rate(%) 3 Growth Rate Real GDP (%),Year 1 to Year 2 8 Instructions: In part a, enter your answer as a whole number. In part b, round your answer to 2 decimal places. a. What is real GDP per capita in year 2? $ b. What is real GDP in year 2? $ trillion
Income    (Yd) Consumption Expenditure Saving Investment Expenditure Government Expenditure Net Export Expenditure Aggregate Expenditure $8000...
Income    (Yd) Consumption Expenditure Saving Investment Expenditure Government Expenditure Net Export Expenditure Aggregate Expenditure $8000 $11,000 $2,500 $5,000 $12,500   12,000 14,000 2,500 5,000 12,500 20,000 20,000 2,500 5,000 12,500 30,000 27,500 2,500 5,000 12,500 50,000 42,500 2,500 5,000 12,500 100,000 80,000 2,500 5,000 12,500 1. Calculate savings, autonomous consumption, MPC, MPS, break even income, and the equilibrium level of income (Y = AE = C + I + G + NX) in the above given information. 2. Draw a...
Income    (Yd) Consumption Expenditure Saving Investment Expenditure Government Expenditure Net Export Expenditure Aggregate Expenditure $8000...
Income    (Yd) Consumption Expenditure Saving Investment Expenditure Government Expenditure Net Export Expenditure Aggregate Expenditure $8000 $11,000 $2,500 $5,000 $12,500   12,000 14,000 2,500 5,000 12,500 20,000 20,000 2,500 5,000 12,500 30,000 27,500 2,500 5,000 12,500 50,000 42,500 2,500 5,000 12,500 100,000 80,000 2,500 5,000 12,500 Calculate savings, autonomous consumption, MPC, MPS, break even income, and the equilibrium level of income (Y = AE = C + I + G + NX) in the above given information. Draw a graph showing...
Okay 2. Obtain data on Real GDP and population growth rate of a country of your...
Okay 2. Obtain data on Real GDP and population growth rate of a country of your choice (be careful while picking a country as not all countries have good data base. Certainly the OECD countries do have better data base) and plot them in a single graph. Analyze your graph in terms of the living standard of the country. Provide economic intuition while analyzing the graph. Focus on the growth differences between the two variables and its implication *.(((country of...
how to get the multiplier from aggregate expenditure and real GDP graph?
how to get the multiplier from aggregate expenditure and real GDP graph?
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT