Misery index
American economist Arthur Melvin Okun (1928–80) developed the ‘misery index’ – the sum of the unemployment rate and the inflation rate for a country.
Where this appears
The syllabus topics that use this term.
Welcome to IBonomics! We are excited to launch and hope you find the website useful! Learn more about us here!
American economist Arthur Melvin Okun (1928–80) developed the ‘misery index’ – the sum of the unemployment rate and the inflation rate for a country.
The syllabus topics that use this term.