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The following two graphs give you a plot of the United States aggregate unemployment rate for the sample period 1962:I to 1999:IV, and the (log)level of real United States GDP for the sample period 1962:I to 1995:IV. You want test for stationarity in both cases. Indicate whether or not you should include a time trend in your Augmented Dickey-Fuller test and why.
Domestic Consumers
Individuals or households within a country that purchase goods and services for personal use as opposed to international or business consumers.
Foreign-made
This term describes products that are produced outside of one's home country.
Trade Deficit
A situation in which a country's imports of goods and services exceed its exports, leading to more money flowing out of the country than coming in from foreign markets.
Imports
Goods and services brought into a country from abroad for sale.
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