FRED Assignment: Plotting of a Graph

FRED Assignment 1
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FRED Assignment 1
This assignment involves the plotting of a graph with the Time on the X-axis, Real GDP on the primary (left) Y-axis, and Total Nonfarm Payroll Employees on the secondary (right) Y-axis, in addition to the recession indicator by way of recession shading. A brief discussion on the three series will follow. Below is the Real GDP & Total Nonfarm Payroll Employees graph.
A rise in the Real GDP is positively related to a rise in the Total Nonfarm Payroll Employees. Real GDP tends to remain constant in times of recession. In times of recession, the Total Nonfarm Payroll Employees number dips sharply more than the Real GDP. Total Nonfarm Payroll Em...