Question: 5. Plot on one figure the percent change from a year ago of both the GDP deflator (FRED code: GDPDEF) and real GDP (FRED code:

5. Plot on one figure the percent change from a year ago of both the GDP deflator (FRED code: GDPDEF) and real GDP (FRED code: GDPC1). How does the GDP deflator link nominal and real GDP? Since the mid-1980s, does it fluctuate more or less than real GDP? FRED oss Domestic Product impact Price Dator Real Gross Domestic Product Non Pross Domestic Product Perance su 1000 180 1000 2010 300 Shaded areas indicate US recessos Source ACBO thed studied

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