| 释义 |
misery index
misery indexn. The sum of national unemployment and inflation rates, used unofficially to assess a nation's economic health.misery index
A measure of a country’s unhappiness, from economist Arthur Okun’s summation of unemployment rates and inflation rates, which assumes that higher unemployment and worsening inflation create socioeconomic costs that translate into miserymisery index Global village A term for 'how bad things are' in a country; the lower the MI–eg, Denmark = MI of 1, the more content the populace. See Third world. Misery index
Misery indexAn index that sums the unemployment and inflation rates, used as a political rating or measure of consumer confidence.Misery IndexAn 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). |