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The Following Two Graphs Give You a Plot of the United

Question 44

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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. 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. 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.

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Looking over the entire sample period, t...

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