Consider the following national data: tax revenues as a percentage of GDP: 25 percent; government spending as a percentage of GDP: 31 percent; unemployment rate: 9 percent; inﬂation rate: 6
Percent. What is the misery index for this nation?
A) 15 percent
B) 31 percent
C) 34 percent
D) 53 percent

Question

Quizplus · Accepted Answer

The misery index is calculated by adding the unemployment rate to the inflation rate, which in this case is 9 percent + 6 percent = 15 percent.

Consider the Following National Data: Tax Revenues as a Percentage