ANSWER ALL QUESTIONS

Part 1: Trends in the Data: Phillips Curve 
1. Using the accompanying Excel sheet with FRED.stlouisfed.org data, produce a ‘Phillips Curve’ scatter chart for the United States over the last decade. Insert the chart (with a reference for the data) into your answers.

2. Comment on the shape of your data and include some reflections on the quality of the indicators for unemployment and core inflation.