Mexican annual inflation accelerated faster than expected in the first half of March to reach its highest level in almost two years, surpassing the central bank's target range" (Source: reuters.com/article/us-mexico-economy-inflation/mexico-inflation-quickens-more-thanexpected-to-nearly-two-year-high-idUSKBN2BG1XM) 4.1 Assuming that Mexico is experiencing high levels of unemployment as well, identify the phenomenon and highlight some of the effects of this phenomenon on the various sectors of the economy. (15) 4.2 Justify how monetary policy may be used to overcome this phenomenon