misery index

Definition

An index combining the unemployment rate and inflation rate. The index is used to measure the political significance of the condition of the economy, as well as consumer confidence.

Use misery index in a sentence

When times start to get tough you should keep your eye on the misery index and find a way to adapt to it.

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The misery index provided an especially useful picture to understand the quality of lives of all of the people in the country.

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As more and more people lost their jobs, the government tried to prop up the economy by inflating the currency, leading to a relentless increase in the misery index.

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