# The following time-series plot shows the annual unemployment and inï¬ation rates for the years 1988 through 2010.

## Question:

(a) Estimate the unemployment and inï¬‚ation rates for 1992.

(b) Estimate the unemployment and inï¬‚ation rates for 2009.

(c) The misery index is deï¬ned 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 inï¬‚ation rate over the time period shown.

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