Question: 1. Construct a time series for US inflation. How does it behaved in the contour of the start of the economic recession your group is

1. Construct a time series for US inflation. How does it behaved in the contour of the start of the economic recession your group is analyzing (i.e. the move from Peak 1 to the Trough)? 2. Can you provide/find some information on the causes/determinants of the recession that you are studying

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1. Background knowledge of the subject and

4. What specific changes in the environment have taken place in relation to the information we have collected?

2. The purpose of the acquisition of the information.