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Q131 (IAS/1998) Economy › Money, Banking & Inflation › Inflation concepts

The misery index is the sum of a country’s unemployment and inflation rate. The higher the index, the more miserable is the country to live in. The figure given below is the Misery Index for various countries in Europe : Which of the following conclusions can be drawn from the misery index given above ? I. Britain is the most miserable country to live in. II. The inflation rate in Spain is less than that in Belgium and Britain. III. Italy and France seem to have almost identical unemployment rate. IV. The higher the misery index, the higher the inflation rate. Select the correct answer using the codes given below:

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