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.
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.