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Mired in a brutal economic collapse, the Venezuelan government no longer publishes basic statistics including the inflation rate. Bloomberg created a Caf Con Leche Index to track the price of a cup of coffee in Venezuela as a gauge to measure the country's inflation. According to this index, a cup of coffee costs 0.06 bolivars (the Venezuelan currency) on Oct. 11th, 2017. One year later, on Oct. 10th, 2018, the same cup of coffee costs 70 bolivars. a) Calculate Venezuelan's inflation rate during this 1-year period. b) If a Venezuelan employee made a monthly salary of 60 bolivars in October 2017 and her salary in October 2018 was increased to 18,000 bolivars, is she better off or worse off over this 1-year period in her purchasing power measured by cups of coffee