If the Misery Index Is 12 and the Inflation Rate

question 74

Multiple Choice

If the misery index is 12 and the inflation rate is 4 percent,we can conclude

• A)The inflation rate will quickly rise by 8 percent.
• B)The unemployment rate must be 8 percent.
• C)The AD curve must be shifting to the right.
• D)Monetary policy is not succeeding at keeping inflation low.

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Definitions:

Refractory Period

The time right after a stimulus when a nerve or muscle cannot respond to additional stimulation.

Positive Charge

An electrical charge possessed by protons, which is opposite in sign to the charge carried by electrons.

Action Potential

A brief electrical impulse by which information is transmitted along the axon of a neuron.

Refractory Period

A time directly following stimulation in which a nerve or muscle is incapable of responding to more stimulation.