a. Currently, the inflation rate is at 140% in Uruguay. How long will it take the prices of goods and services to double in the country? (1) b. In 2017, you had a full time job and your annual income was $35,000. Your wife was a housewife at that time. In 2018, you were laid off from your job but your wife started a new job. Her new job had an annual income of $40,000. Assuming 2017 as the base year and the inflation rate is 7%, did your purchasing power go up? c. What is the main difference between demand pull and cost push inflation? (2) a. Currently, the inflation rate is at 140% in Uruguay. How long will it take the prices of goods and services to double in the country? (1) b. In 2017, you had a full time job and your annual income was $35,000. Your wife was a housewife at that time. In 2018, you were laid off from your job but your wife started a new job. Her new job had an annual income of $40,000. Assuming 2017 as the base year and the inflation rate is 7%, did your purchasing power go up? c. What is the main difference between demand pull and cost push inflation? (2)