An increase in the misery index would definitely result from
A)A leftward shift of the Phillips curve.
B)A rightward shift of the Phillips curve.
C)A movement along the Phillips curve toward greater unemployment.
D)A movement along the Phillips curve toward greater inflation.

Question

Quizplus · Accepted Answer

A rightward shift of the Phillips curve indicates an increase in both inflation and unemployment, which directly increases the misery index.

An Increase in the Misery Index Would Definitely Result from