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Question: a calculate the misery index and depict it in a...

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A) Calculate the misery index and depict it in a suitable diagram.

B) Calculate the socaillost of a policy giving the same weight on price stability as on growth.

C) Cpmbarethe results under A) and B) and discuss advantages and disadvantages on both concepts.

D) From which EU member countries are the indicators above taken?E-Learning Syst X Course Econon X LE-Learning SystCourse E o-Sheet 1 ws 2018 HCABBA-BIPSIS ⓒ Building Block 念Describe the b × Course: Cost AX Fachhochschule SUx >< ㄨ × https://elearning.fh-swf.de/pluginfile.php/188825/mod_resource/content/ ☆ a Search of 2 -+ Automatic Zoom Task 1 - Welfare Indicators The following data about an EU member country are available (source: Statistisches Bundesamt, Bundesagentur für Arbeit, OECD) Abbildung 1: Output-Gap, Inflation and Unemployment rate 2006 200720082009201020112012 2013 2014 0,7 2,6 2,04,2-1.4 0,5 0,1 -0,80,2 Inflation 1,5 2,3 2,6 0,32, 2,0 1,5 0,9 Unemploy-0 ment rate 10,8 9,0 7,88,1 7,7 7,1 6,8 6,9 6,7 a) Calculate the misery index and depict it in a suitable diagram b) Calculate the social loss of a policy giving the same weight on price stability as on growth c) Compare the results under a) and b) and discuss advantages and disadvantages of both concepts d) From which EU member country are the indicators above taken? O Zur Suche Text hier eingeben DEU 11:12 DE 02.02.2019 2

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