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Misery Index |
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Misery index An index that sums the unemployment and inflation rates, used as a political rating or measure of consumer confidence. Misery Index An informal index that adds the unemployment rate and the inflation rate. For example, if inflation is 11% and unemployment is 6%, the misery index is 17. The misery index is of limited economic import, but politicians often use it to show the success of their programs (or the failure of their opponents' policies). Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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