3 Plotting a chart with a trend curve (20 points) Figure 1.3 in your textbook shows log of real per capita income in Canada and an HP ltered trend curve t to this series. You will need to plot a similar chart, but for natural logarithm of Canadian Real GDP (not per capita) PLUS a linear trend t to this series. In order to do that you need to nd Real GDP data for Canada. This series should be quarterly frequency, seasonally adjusted at annual rates, and cover the period from the rst quarter of 1961 to the third quarter of 2022. You can nd these data on Statistics Canada website. This exercise is easiest to do in Excel, but if you want to do it in other software packages, I am ne with that. Label and format the chart to make it look as professional as possible. My TA will be comparing your charts with my chart and giving you grades based on how close they are in terms of quality.

3 Plotting a chart with a trend curve (20 points) Figure 1.3 in your textbook shows log of real per capita income in Canada and an HP filtered trend curve fit to this series. You will need to plot a similar chart, but for natural logarithm of Canadian Real GDP (not per capita) PLUS a linear trend fit to this series. In order to do that you need to find Real GDP data for Canada. This series should be quarterly frequency, seasonally adjusted at annual rates, and cover the period from the first quarter of 1961 to the third quarter of 2022. You can find these data on Statistics Canada website. This exercise is easiest to do in Excel, but if you want to do it in other software packages, I am fine with that. Label and format the chart to make it look as professional as possible. My TA will be comparing your charts with my chart and giving you grades based on how close they are in terms of quality