Q1. Browse the Australian Bureau of Statistics webpage (www.abs.gov.au).

| December 7, 2018

Q1. Browse the Australian Bureau of Statistics webpage (www.abs.gov.au). Download and plot the seasonally adjusted nominal GDP (in levels) and real GDP (in levels) for the period 1990-2016 (in quarterly frequency) from ‘Table 1. Key National Account Aggregates’. Now using the same Table 1, download and plot the percentage changes of these two GDP series (use trends) for the same time period. From the plots, could you find any relationship between nominal and real GDP in levels and gr …

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