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Consider the following national data: tax revenues as a percentage of GDP: 30 percent; government spending as a percentage of GDP: 31 percent; unemployment rate: 4 percent; inflation rate: 5 percent. What is the misery index for this nation

Respuesta :

The misery index for the country given the national data is 9%.

What is the misery index?

The misery index is the sum of the current unemployment rate and the current inflation rate. In the United States, the current misery index is 11.67%.

Misery index = unemployment rate + inflation rate

4% + 5% = 9%

For more information about inflation, please check: https://brainly.com/question/25783683

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