plot the series using a line chart briefly describe what you see is it
Question
Plot the series using a line chart. Briefly describe what you see: Is it a positive or negative
trend? Is the trend increasing? What kind of short term fluctuations do you observe?
Answer the previous question using the log-scale. Can you tell if the growth rate is increasing or
decreasing on average over the period?
To better see how the growth rate evolves through time, plot the annualized growth rate of
consumption expenditure. Describe what you see. Is it constant on average?