Using the charts below:

1. Calculate the monthly inflation rate.

• Include a column with the inflation rate to the document: Terna Consumer Price Index

• What period(s) can be labeled inflation periods, and which are deflationary periods? Explain.

• What do inflation and deflationary periods mean for local producers, the economy, and foreign investors?

2. Calculate the monthly unemployment rates.

• Insert a new column titled "Monthly Unemployment" to the Terna Employment Rates document.

• Provide the unemployment rate for each month?

• Show the calculations (formulas) for each answer provided

3. Calculate monthly labor participation.

4. Insert a new column titled "Participation Rate" to the Terna Employment Rates document

• Provide the labor participation rate for each month?

• Show the calculations (formulas) for each answer provided

5. According to the data of employment rates, what are the periods of increased unemployment and employment?

\begin{tabular}{|c|c|c|c|c|} \hline Year & Month & Consumer Price Index (CPI) & \\ \hline 2016 & January & 220.45 & \\ \hline 2016 & February & 221 & This is the consumer price index \\ \hline 2016 & March & 221.5 & collected by the economic department \\ \hline 2016 & April & 220.4 & of Aondona's labor and statistics \\ \hline 2016 & May & 220.75 & department from 2016-2017 \\ \hline 2016 & June & 221.56 & \\ \hline 2016 & July & 221.8 & \\ \hline 2016 & August & 221.98 & \\ \hline 2016 & September & 220.35 & \\ \hline 2016 & October & 226 & \\ \hline 2016 & November & 228 & \\ \hline 2016 & December & 234 & \\ \hline 2017 & January & 229 & \\ \hline 2017 & February & 223 & \\ \hline 2017 & March & 223.12 & \\ \hline 2017 & April & 225.78 & \\ \hline 2017 & May & 225.89 & \\ \hline 2017 & June & 225.91 & \\ \hline 2017 & July & 225.92 & \\ \hline 2017 & august & 225.91 & \\ \hline 2017 & September & 225.95 & \\ \hline 2017 & October & 225.94 & \\ \hline 2017 & November & 225.98 & \\ \hline 2017 & December & & \\ \hline \end{tabular}