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Hi there. I'm having trouble to solve this macroeconomics question. Please help me in this. Humbly requesting pls help. Section C (20 marks) Instructions: Answer

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Hi there. I'm having trouble to solve this macroeconomics question. Please help me in this. Humbly requesting pls help.

image text in transcribed
Section C (20 marks) Instructions: Answer ALL questions in this section. Question 1 Refer to the following data of Country F in Year 2020. Jan Feb Mar Apr May June July Aug Inflation rate 2.8% 2.9% 5.2% 8.3% 6.3% 10.8% 9.0% 10.8% (a) List THREE (3) trends observed in the inflation rate data shown above. (3 marks) (b) Choose any THREE (3) of the groups listed below: B40 (the bottom 40% of the population that earns low income), . highly skilled professionals, government of the country, . restaurant owners, pensioners With reference to the inflation rate data in the table, describe TWO (2) consequences faced by each group of people that you chose. (9 marks) (c) With reference to open market operations, explain how the policy works to minimize the economic problem that is illustrated in the table. Use money market and AD-AS diagrams to support your answer. (8 marks)

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