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Exhibit: Inflation and Unemployment 2
-(Exhibit: Inflation and Unemployment 2) Consider the following statement: "The nation's inflation rate rose to a record high last month, the government reported yesterday. The consumer price index jumped 0.3% in January. Coupled with the announcement earlier this month that unemployment had risen by 0.5 percentage points, the reports suggested that the first month of President Nixon's second term had gotten off to a rocky start." Which of the following movements represents the statement?
A) The movement from A to B
B) The movement from B to C
C) The movement from C to D
D) The movement from C to B

Question

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Exhibit: Inflation and Unemployment 2 
-(Exhibit: Inflation and Unemployment 2) Consider the following statement: "The nation's inflation rate rose to a record high last month, the government reported yesterday. The consumer price index jumped 0.3% in January. Coupled with the announcement earlier this month that unemployment had risen by 0.5 percentage points, the reports suggested that the first month of President Nixon's second term had gotten off to a rocky start." Which of the following movements represents the statement?
A) The movement from A to B 
B) The movement from B to C 
C) The movement from C to D 
D) The movement from C to B

Quizplus · Accepted Answer

The statement mentions both inflation and unemployment increasing, which corresponds with the movement from point B to C on the exhibit.

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