Question: hi , could you please show me how to construct this graph as required in the description. the links are : &..s@.nsf/DetailsPage/6202.0Jan%202019?OpenDocument - select table

hi ,

could you please show me how to construct this graph as required in the description.

the links are : &..s@.nsf/DetailsPage/6202.0Jan%202019?OpenDocument - select table 1 -look to data spreadsheet and look at column "BN".

ANOTHER ONE link IS : h..s@.nsf/DetailsPage/6401.0Mar%202019?OpenDocument - Select table 1 and 2 - look at column "J".

i need to create 2 graph as mention below. insturctions are below

what is relationship between inflation and unempployment ?

hi , could you please show me how to construct this graph

Q1b. Please briefly discuss the relationship between inflation rate and unemployment rate over the period 1980-2019, by collecting data from the Australian Bureau of Statistics website. In particular, you can find unemployment and inflation rates from the following statistical series: 6202.0 Labour Force, Australia, and then select Table 1. Labour force status by Sex, Australia - Trend, Seasonally adjusted and Original. From here download the following series: Unemployment rate, Persons; Seasonally adjusted, for the years 1980 - 2019 in monthly frequency. 6401.0 Consumer Price Index, Australia, and then select TABLES 1 and 2. CPI: All Groups, Index Numbers and Percentage Changes. From here, download the following series: Percentage Change from Previous Period ; All groups CPI ; Australia ; Original, for the years 1980 - 2019 in quarterly frequency. Now present the data for unemployment rate and inflation rates in a graph. From the graph, discuss the relationship between inflation rate and unemployment rate over these years. Note that converting the monthly data into quarterly frequency is by taking only the monthly values corresponding to each quarter like, for example: take the data for March 1980, June 1980, September 1980 and December 1980 to get the quarterly series in 1980. [1+2 marks]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!