You should also look up the estimate for Labour's Share $($on shect lation should extend to $2019,$ but it is

Questions

$[25$ MARKS$]$ Divide your real GDP $(Y)$ series by your Population $($POP$)$ series to obtain GDP per capita $(y).$ Plot this series against time. Are there any extended periods for which GDP grows much quicker or much slower than usual? ${?}^1$ Rescarch what liappened in your country during your sample to find out what has been argued to have contributed to growtli or a lack of growth during your sample. Provide a brief summary of these arguments and cite your sources.

$[15$ MARKS$]$ In this question you will look at labour productivity over time. To get labour productivity do one of the following, depending on data availability.

If there are less than $30$ years of data on average hours for your country use employment as your measure of the labour input $($L$).$

If there are at least $30$ years of data on average hours for your country, calculate the labour input for each year by multiplying employment by average hours to get total hours. ${?}^2$

${?}^1$ Here you are looking for relatively long periods with high or low growth, rather than periods of just a few years. Short periods of rapid or slow growth could reflect business cycle fluctuations.

${?}^2$ If you have a much longer data series on employment than you do for hours, then you might want to stick with using just employment for your labour input. This is especially true if the period for which you hnve employment data only is of particular interest for your country. If you decide to do this you should explain why you made this decision in your write$-$up$.$

$1$