I. According to statistics from the Department of Labor and Human Resources, the Consumer Price Index...

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I. According to statistics from the Department of Labor and Human Resources, the Consumer Price Index (CPI) for the year 2017 was 117,927 and for 2018 it was 119,372. The base period was December 2006. Calculate the inflation rate for 2018. II. Currency tells you the value of $1 in the country's currency $US - tells you the value of a currency in US dollars country/currency Pas/moneda Euro Japanese Yen Mexican Peso Venezuelan Bolivar Dominican Peso Tasas de cambio Divisa 90859 107.96695 SUS 1.10061 .00926 19.4398 21,550.00 51.4654 05144 0000464037 01943 Fecha: 16 de septiembre de 2019 Using the table above, calculate the following: 1. If you travel to Europe and go to a McDonald's to buy a combo that costs you 6.84 euros, how much is it in US dollars? 2. If you travel to Venezuela and want to exchange $50, how much should they give you in bolivars? 3. If you go to Mexico and want to buy some shoes that cost 450 pesos, what would be their value in dollars? 4. If you want to change $125 in the Dominican Republic, how much would they have to give you in their currency? III. Below is information on the labor market in Puerto Rico for 2017 and 2018, according to statistics from the Department of Labor and Human Resources. 1. For the year 2017: o Active Population: 2,754,000 people o Workforce: 1,092,000 o Employees: 973,000 Calculate the following: 1. Unemployment rate 2. Participation rate 3. Employment rate 2. For the year 2018: 1. Active Population - 2,694,000 2. Employees 986,000 people 3. Unemployed -100,000 people 1. Calculate the unemployment rate 2. Calculate the labor participation rate. 3. Calculate the employment rate. I. According to statistics from the Department of Labor and Human Resources, the Consumer Price Index (CPI) for the year 2017 was 117,927 and for 2018 it was 119,372. The base period was December 2006. Calculate the inflation rate for 2018. II. Currency tells you the value of $1 in the country's currency $US - tells you the value of a currency in US dollars country/currency Pas/moneda Euro Japanese Yen Mexican Peso Venezuelan Bolivar Dominican Peso Tasas de cambio Divisa 90859 107.96695 SUS 1.10061 .00926 19.4398 21,550.00 51.4654 05144 0000464037 01943 Fecha: 16 de septiembre de 2019 Using the table above, calculate the following: 1. If you travel to Europe and go to a McDonald's to buy a combo that costs you 6.84 euros, how much is it in US dollars? 2. If you travel to Venezuela and want to exchange $50, how much should they give you in bolivars? 3. If you go to Mexico and want to buy some shoes that cost 450 pesos, what would be their value in dollars? 4. If you want to change $125 in the Dominican Republic, how much would they have to give you in their currency? III. Below is information on the labor market in Puerto Rico for 2017 and 2018, according to statistics from the Department of Labor and Human Resources. 1. For the year 2017: o Active Population: 2,754,000 people o Workforce: 1,092,000 o Employees: 973,000 Calculate the following: 1. Unemployment rate 2. Participation rate 3. Employment rate 2. For the year 2018: 1. Active Population - 2,694,000 2. Employees 986,000 people 3. Unemployed -100,000 people 1. Calculate the unemployment rate 2. Calculate the labor participation rate. 3. Calculate the employment rate.