s there any relationship between the monthly percentage change in rail carload traffic (RCLDPCH) and quarterly percentage change in GDP (QGDPPCH)? Relate potential relationship to disruptions witnessed the last couple of years or economic contraction and expansion in previous years?

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A: Gross domestic product measures the value of the output produced within the domestic territory of an…

Q: Nominal GDP Price Index Year 3 $5,500 135 Year 4 $6,800 150 Show formulas and math! a)What is real…

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A: DISCLAIMER "Since you have asked multiple questions, we will solve the first three sub-parts for…

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A:

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A: Real GDP is the GDP which represent the inflation adjusted price of the goods and services , so here…

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A: Econometrics is a part of economics which uses mathematical methods, statistical methods and…

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A: Disclaimer- “Since you have asked multiple questions, we will solve the first three questions for…

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A: Federal budget receipts are revenue of government which it earns from taxes, fees and fines. Federal…

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A: Nominal GDP = price of current year * quantity of current year