How is the misery index calculated?
A) It is the inflation rate plus the unemployment rate.
B) It is the unemployment rate multiplied by the inflation rate.
C) It is the inflation rate plus the expected interest rate.
D) It is the natural unemployment rate minus the long-run growth rate.

Question

Quizplus · Accepted Answer

The misery index is calculated by summing up the inflation rate and the unemployment rate. It is generally used to measure the level of economic misery in a country. The higher the index, the more miserable the economic conditions in that country.

How Is the Misery Index Calculated