Graph the index of consumer sentiment, using quarterly data since 1965. Construct scatter plots relating the consumer
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Graph the index of consumer sentiment, using quarterly data since 1965. Construct scatter plots relating the consumer sentiment index to the growth rate of real consumption expenditures, using quarterly data since 1965. Generally speaking, does consumption grow more quickly when consumers are more optimistic? Do the same exercise for consumer sentiment and real consumption expenditures on durable goods since 1999.
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