Question: Compare the frequency and timing of recessions in key European
Compare the frequency and timing of recessions in key European economies since 1960. Make separate bar charts for Germany (FRED code: DEURECM), Italy (FRED code: ITARECM), and Spain (FRED code: ESPRECM). Do their business cycles appear sufficiently well-aligned to make them operate easily in a single currency area with a common monetary policy?
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