Relationship between unemployment and inflation in the context of economic growth and development I Assessment task) Instructions Using the content discussed in the course, with emphasis on the topic of unemployment and inflation, and the data from the table that you can access here, Download here,proceeds to answer the questions raised below regarding the relationship between unemployment and inflation in the context of economic growth and development. Read each premise carefully and answer the questions specifically and in detail. Keep in mind that, to obtain the total value that corresponds to each question, you must answer the request with the correct information, demonstrating that you understand and can properly apply the concepts studied. Try to address all elements of each question and always express answers in your own words. In your analysis, you must answer the following questions: Mention and explain the nature of the labor force and what are the different types of unemployment. Explain what is meant by the natural rate of unemployment and its relationship to full employment. Using the data in the table, integrate the expected relationship of the behavior of the unemployment rate with the phases of the business cycle. You must use the different levels of unemployment rate with economic growth and build graphs to present your analysis arguments. Explain the relationship between the consumer price index and the inflation rate. Explain what we can understand by expected inflation, inflation due to an increase in aggregate demand or inflation due to a decrease in aggregate supply. Using the data in the table, integrate the expected relationship between the behavior of inflation and the phases of the business cycle. You must use the different levels of inflation rate with economic growth and build graphs to present your analysis arguments. Use the graph(s) created in the previous question to compare the effects and consequences of inflation and deflation in the short and long term. What is the typical relationship between the behavior of inflation and unemployment? In your explanation, integrate what stagflation is. As a final point of the task, present examples of how both topics would behave in a country with a situation of a pandemic and an atmospheric phenomenon. Try to include with your answers all the graphs created to complete the task. [Jams 09 variables macroecandmicn: selectinnadas Crecimlenlo en el produclo brqu (%) Ans Tasa de [050 de 1050 de A preclos A preclos fiscales CPI lnflocln parliclpucin desempleo corrienles consiunles 2001 85.1 2.7 45.4 10.5 6.3 1.5 2002 84.3 -1.0 45.8 12.0 23 0.3 2003 35.3 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 36 >23 2009 107.6 2.3 45.5 13.7 1.5 4.3 2010 109.5 2.0 44.1 16.3 1.1 -3.6 2011 111.5 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 116.9 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 11.3 0.6 -1.6 2017r 116.9 0.6 40.1 11.5 -1.3 3.2 201Br 118.5 1.6 40.1 10.3 -1.8 1.3 2019p 119.4 0.5 40.6 8.5 4.4 1.5