For this question, how can I get natural GDP for particular country? Prof said "The trend rate of output will give you the natural level as business cycles can be thought of as (shortrun) fluctuations around a (medium-run) trend. The concept of "output gap" is another approach you can use here." Can you please show me your work to get the natural level in a particular country?

1. Find, collect, present and analyse data from the United Kingdom or France or Italy or the Netherlands or Germany or Belgium or Spain that as perfectly as possible illustrate yourPart 1's answerby identifying and describing two occasions (each covering about 2 to 5 years) anytime since 1950 in which such adjustment process took place.

Part 1's answer

: Consider an economy where the level of production (Y) is not at the natural level (Yn), that is, an economy in which YYn. Using the AS/AD model, explain what will happen next and suggest a monetary and/or a fiscal policy to adjust output and analyse the effect of this policy on the price level and employment.