# The following time-series plot shows the annual unemployment and inflation rates for the years 1988 through 2009.

## Question:

The following time-series plot shows the annual unemployment and inflation rates for the years 1988 through 2009.

(a) Estimate the unemployment and inflation rates for 1992.

(b) Estimate the unemployment and inflation rates for 2009.

(c) The misery index is defined as the sum of the unemployment rate and the inflation rate. Use your results from (a) and (b) to estimate the misery index for the years 1992 and 2009.

(d) Describe any relationship that might exist between the unemployment rate and inflation rate over the time period shown.

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**Related Book For**

## Statistics Informed Decisions Using Data

**ISBN:** 9780321757272

4th Edition

**Authors:** Michael Sullivan III