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    Exam 18: Extending the Analysis of Aggregate Supply
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    Consider the Following National Data: Tax Revenues as a Percentage
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Consider the Following National Data: Tax Revenues as a Percentage

Question 199

Question 199

Multiple Choice

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

Correct Answer:

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