Go to the CANSIM database, and find monthly data from January 1992 to August 2017 on the

Question:

Go to the CANSIM database, and find monthly data from January 1992 to August 2017 on the total unemployment rate (series V2062815) and the (all items) Consumer Price Index (series V41690914).

a. What is the average annual inflation rate?

b. Is the correlation between the annual inflation rate and the unemployment rate negative or positive?

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