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Annual inflation rate and annual unemployment rate

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Reference no: EM133128227

Using the OECD database, obtain annual data (for 1991-2020) on the total unemployment rate (15 to 64 years) and the inflation rate for Canada.

Using the data, find the correlation coefficient between the annual inflation rate and the annual unemployment rate (negative or positive).

In addition, plot the inflation and unemployment data in a same diagram, and provide a brief explanation on your finding. (Excel File must be submitted)

Reference no: EM133128227

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