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.