Find Data for Real GDP (Yt)for the United States for the Time

question 1

Essay

Find data for real GDP (Yt)for the United States for the time period 1959:I (first quarter)to 1995:IV.Next generate two growth rates: The (annualized)quarterly growth rate of real GDP
[(lnYt - lnYt-1)× 400] and the annual growth rate of real GDP [(lnYt - lnYt-4)× 100].Which is more volatile? What is the reason for this? Explain.

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Definitions:

Gain

An increase in wealth, assets, or value, often resulting from investment or business operations.

Lose

To be deprived of something one once had or to fail to win in a competition or conflict.

Breakeven

The point at which total cost and total revenue are equal, meaning no net loss or gain is incurred by the business.

Cost to Play

The initial investment or expense required to enter a market, participate in a game, or start a new venture.