Misery Index

A Misery Index is an Economic Indicator that adds the unemployment rate to the inflation rate.

• See: Economic Indicator, Unemployment Rate, Inflation Rate, Hyperinflation.

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References

2014

• (Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/misery_index_(economics) Retrieved:2014-10-12.
  • The misery index is an economic indicator, created by economist Arthur Okun, and found by adding the unemployment rate to the inflation rate. It is assumed that both a higher rate of unemployment and a worsening of inflation create economic and social costs for a country.

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