Question: Answer Questions Below: . Go to https://fmd.stloaisfed.om/ and look up Rea] Gross Domestic Product (A191RL1Q225SBEA) and click on the link. Now go to EDIT GRAPH

Answer Questions Below:

. Go to https://fmd.stloaisfed.om/ and look up Rea] Gross Domestic Product (A191RL1Q225SBEA) and click on the link. Now go to EDIT GRAPH and then ADD LINE. Then add Early Estimate of Quarterly ULC Indicators: Total Labor Productivity for the United States (ULQELPOIUSQ657S). Does the data show a correlation between labor productiv ity and gdp growth? . Set the dates to 19700101 to 19791201 and download the data to Excel. What is the average rate of change to labor productivity? What is the average rate of change to real gdp? . Set the dates to 19600101 to 19691201 and download the data to Excel. What is the average rate of change to labor productivity? What is the average rate of change to real gdp? . Looking at the difference between the two time periods, does the data provide evidence of the importance of labor productivity growth in regards to GDP? . How many periods had negative labor productivity growth between Q2 1973 Q3 1974? Did this lead to a recession? What was going on in this time period that led to the negative labor productivity growth? 6. Use the diagram of the production function and M PL to Show what is happening graphically

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