•Quarterly Real Gross Domestic Product, 1 Decimal •Quarterly Real Exports of Goods & Services, 1 Decimal •Quarterly Real Government Consumption Expenditures & G

The Federal Reserve Bank of St. Louis collects a large amount of data about the US from various agencies. Go tohttp://research.stlouisfed.org/fred2/and look for the following time series (you might need to manipulate two series to get some of these variables):

•Quarterly Real Gross Domestic Product, 1 Decimal
•Quarterly Real Exports of Goods & Services, 1 Decimal
•Quarterly Real Government Consumption Expenditures & Gross Investment, 3 Decimal •Quarterly Real Exports share in GDP
•Quarterly Real Government expenditure and investment share in GDP
•Monthly Civilian Unemployment Rate

Plot each series and answer the following questions: how does the recent recession compare to previous ones? What happened to export and government spending in the current recession? Note that you do not need to actually download the data to answer this question. Please provide the graphs with your answer.

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