The misery index is calculated as the
A) inflation rate plus the unemployment rate.
B) unemployment rate minus the inflation rate.
C) actual inflation rate minus the expected inflation rate.
D) natural unemployment rate plus the long-run inflation rate.
Correct Answer:
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Q3: If policymakers decrease aggregate demand,then in the
Q3: The misery index is supposed to measure
Q4: There is a
A)short-run tradeoff between inflation and
Q7: If the central bank increases the money
Q9: In the long run,
A)the natural rate of
Q11: In 2001,Congress and President Bush instituted tax
Q17: Phillips found a
A)positive relation between unemployment and
Q26: Unemployment would decrease and prices increase if
A)aggregate
Q32: If policymakers expand aggregate demand,then in the
Q126: In the long run, policy that changes
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