Relationship between unemployment and inflation in the context of economic growth and development.

With emphasis on the topic of unemployment and inflation, and the data in the table, proceeds to answer the questions posed below regarding the relationship between unemployment and inflation in the context of growth and development economic.

1. Mention and explain the nature of the workforce and what the different types of unemployment are.

2. Explain what is meant by the natural rate of unemployment and its relationship to full employment.

3. Explain what the relationship between the consumer price index and the inflation rate is.

4. Explain what we can understand by expected inflation, inflation by an increase in aggregate demand or inflation by a decrease in aggregate supply.

5. What is the typical relationship between the behavior of inflation and unemployment? In your explanation, integrate what stagflation is.

6. As a final point of the task, present examples of how both issues would behave in a country with a situation of a pandemic and an atmospheric phenomenon.

growth in gross product% CPI fiscal inflation participation rate unemployment years at current rate at constant rate prices prices 2001 85.1 2.7 45.4 10.5 6.3 1.5 2002 84.3 -1.0 45.8 12.0 2.3 0.3 2003 85.8 1.9 46.6 12.1 5.3 2.1 2004 86.6 0.9 46.5 11.4 6.9 2.7 2005 90.2 4.1 47.0 10.6 5.9 1.9 2006 96.1 6.6 48.6 11.0 5.5 0.5 2007 100.2 4.2 48.6 10.6 4.8 -1.2 2008 104.7 4.5 46.6 11.2 3.6 .2.9 2009 107.6 2.8 45.5 13.7 1.5 -3.8 2010 109.8 2.0 44.1 16.3 1.1 -3.6 2011 111.8 1.8 42.8 16.2 2.2 .1.7 2012 114.7 2.6 41.7 15.2 3.6 0.5 2013 115.7 0.9 40.9 14.0 1.3 -0.1 2014 116.8 0.9 40.3 14.4 -0.2 -1.8 2015 116.4 -0.3 39.6 12.8 1.2 .0.8 2016 116.2 -0.2 40.0 11.8 0.6 -1.6 2017r 116.9 0.6 40.1 11.5 -1.3 .3.2 2018r 118.8 1.6 40.1 10.3 -1.8 .4.3 2019p 119.4 0.5 40.6 8.5 4.4 1.5