Go the FRED (Federal Reserve Economic Database) OECD Based Recession Indicators (http://reserach.stlouisfed.

$ 19.99

Go the FRED (Federal Reserve Economic Database) OECD Based Recession Indicators (http://reserach.stlouisfed.org/fred2/series/CHNRECM) and compare this to Gross Domestic Product by Expenditure in Constant Prices: Total Gross Domestic Product for China (http://research.stlouisfed.org/fred2/series/NAEXKP01CNA652S).

a. Are the OECD recession indicators for growth cycles or business cycles?

b. Identify the years of any outright business cycle recessions for China since 1980