Question 1 For this question you first need to download the following price data in monthly frequency: Global price of f

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Question 1
For this question you first need to download the following price
data in monthly frequency: Global price of fish.
a) Describe your data source and why you think it is a
reliable source.
b) Describe your data: provide the exact name of the
variable and explain the alternatives you had and choices you have
made.
c) Plot the price level over time.
d) Test if the price level has a significant time
trend.
e) Calculate the monthly growth rate of the price and
provide the summary statistics.
f) Plot the monthly growth rate of the price over
time.
g) Calculate the average monthly growth
rate for each calendar month, i.e. January to December, and
report them. Do you see any pattern?
h) Remove the seasonality from the growth rate series
(which you derived in part e) and plot the seasonally adjusted
growth rate together with the original growth rate series in the
same graph.