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need it in 2 hours { 2021 Inflation Spike Trade Related Current Events: 2021 Inflation Spike The 12-month change in the Consumer Price Index (CPI)

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{ 2021 Inflation Spike Trade Related Current Events: 2021 Inflation Spike The 12-month change in the Consumer Price Index (CPI) and CPI excluding energy 12-month % change 4.5 4.0 3.5 3.0 2.5 F 2.0 hr 1.5 1.0 0.5 0.0 -0.5 Sept. 2016 2017 2018 2019 2020 Sept. 2021 CPI Sept 2021 CPI: 4.4% Transportation +9.1% CPI excluding gasoline April 2021 CPI excluding energy: 3.5% Source: Statistics Canada Website: https://www150.statcan c.ca/daily dien 211020/2211020-60 hom Discussion Questions 7. Imagine current interest rates are 2% but the inflation rate is as shown in the graph. We have $100,000 surplus working capital. Should we put it in the bank for a year? Why not? Show calculationsWhat will have to happen to the bank interest rates for banks to stay in business? 8. Now, Imagine we have debts of 500,000 at variable interest rates. Considering the previous part of this question, what will happen to our cash flow? 9. Is inflation good or bad for business

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