Misery index

Misery index,

Definition of Misery index:

  1. An informal measure of the state of an economy generated by adding together its rate of inflation and its rate of unemployment.

  2. The first misery index was created by economist Arthur Okun, who served as second chairman of President Lyndon B. Johnson’s Council of Economic Advisors and a professor at Yale. Okun’s misery index used the simple sum of the nation’s annual inflation rate and unemployment rate to provide President Johnson with an easily understood snapshot of the economy’s relative health. The higher the index, the greater the misery felt by the average voter. During the 1976 campaign for U.S. president, candidate Jimmy Carter popularized Okun’s misery index as a means of criticizing his opponent, incumbent Gerald Ford. By the end of Ford’s administration, the misery index was a relatively high 12.7%, creating a tempting target for Carter. During the 1980 presidential campaign, Ronald Reagan pointed out that the misery index had increased under Carter.

  3. Equal to the sum of the inflation rate and the unemployment rate, the original misery index was popularized in the 1970s as a measure of America’s economic health during a president’s term in office.

  4. That combines inflation rate and unemployment rate, and is used as an indicator of consumer confidence.

How to use Misery index in a sentence?

  1. The first misery index was created by Arthur Okun and was equal to the sum of inflation and unemployment rate figures to provide a snapshot of the US economy.
  2. By the end of the decade the misery index was at a record high.
  3. In recent times, variations of the original misery index have become popular as a means to gauge the overall health of the global economy.
  4. It has broadened in recent times to include other economic indicators, such as bank lending rates.
  5. The higher the index, the more is the misery felt by average citizens.

Meaning of Misery index & Misery index Definition

Misery Index,

Misery Index Definition:

Like the combination of inflation and unemployment, the real distress index became popular during the presidency in the 1970s as a measure of the health of the US economy.

  • The first poverty index, compiled by Arthur O'Connor, equals inflation and unemployment to paint a picture of the US economy.
  • The higher the index, the greater the pain of the average person.
  • It has recently been expanded to include other economic indicators, such as the Bank Economic Indicator.
  • Recently, they have differed from the actual poverty indicators as a tool to assess the general state of the world economy.

Misery Index definition is: Developed by economist Arthur O'Connor, an economic indicator of a country that has included inflation in its unemployment rate.

Literal Meanings of Misery Index

Misery:

Meanings of Misery:
  1. Expressing or feeling extreme distress or discomfort in the mind or body.

Sentences of Misery
  1. Go up and weep with sorrow and grief

Synonyms of Misery

gloominess, desolation, hardship, ■■■■, melancholy, woe, moroseness, discomfort, wretchedness, suffering, melancholia, despondency, sadness, unhappiness, heartbrokenness, sorrow, distress, heartbreak, gloom, torment, heartache, doldrums, poverty, agony

Index:

Meanings of Index:
  1. Values ​​(prices, salaries, or other payments) are automatically linked to the prices of the price index.

  2. (Machine or part of a machine) to perform a series of rotating or moving operations from one default position to another.

  3. Alphabetical lists of names, articles, etc. usually refer to where they occur at the end of the book.

  4. An indication, mark or measure of something.

  5. Extender or other subscripts or superscripts were added to the set.

  6. Indicates the instrument that measures the scale, and so does the intensity.

Sentences of Index
  1. List these lists under regional headings

  2. Legislation linking wages to prices

  3. Occupy ■■■■■ positions on the position adjacent to the reverse and index pins

  4. Clear cross references equipped with wide index

  5. Test scores can be used as an indicator of teacher effectiveness.

  6. There is evidence in the article that for any closed fold, the sum of the general vector field indexes is the topological agent, i.e., the characteristic of the Euler.

Synonyms of Index

sign, clue, marker, finger, indicator, suggestion, symptom, hand, signal, hint, guide, pointer, evidence, token, needle, lead, mark, indication, intimation, implication

Misery Index,

Misery Index:

Like the combination of inflation and the unemployment rate, the ■■■■ Suffering Index was described as a measure of the health of the US economy during the presidency in the 1970s.

  • The first poverty index was created by Arthur Oaken and is equivalent to the number of inflation and unemployment to paint a picture of the US economy.
  • The higher the index, the greater the suffering of the average person.
  • It has recently been expanded to include other economic indicators such as bank lending rates.
  • Recently, changes in the ■■■■ poverty rate have become a means of assessing the general state of the global economy.

Created by economist Arthur O'Connor, the economic index of a country that adds inflation to the unemployment rate.

Literal Meanings of Misery Index

Misery:

Meanings of Misery:
  1. A condition or a feeling of extreme fear or physical or mental distress.

Sentences of Misery
  1. A man who brings nothing but trouble.

Synonyms of Misery

anxiety, the dumps, affliction, the blues, pain, grief, angst, deprivation, despair, low spirits, torture, anguish, dejection, dolour, depression

Index:

Meanings of Index:
  1. Alphabetical list of names, articles, etc. (in a book or series of books) on the page on which they are mentioned.

  2. Exponents or other superscripts or subscripts added to the set.

  3. Point to a device that indicates quantity, scale, position, etc.

  4. Automatically associates a price (price, salary, or other payment) with the price index value.

  5. (Machine or part of a machine) moves from one predefined position to another to perform a sequence of tasks.

Sentences of Index
  1. Clear cross references with wide index.

Misery Index,

How To Define Misery Index?

  1. The definition of Misery Index is: Clay Halton is an associate editor at Investopedia and has worked in the financial publishing industry for over three years. For the most part, he writes and edits content on personal finances, emphasizing LGBTQ finance.

    • The first poverty index was created by Arthur O'Connor, and it is the sum of inflation and unemployment to paint a picture of the US economy.
    • The higher the index, the greater the suffering of the average person.
    • It has recently been expanded to include other economic indicators such as bank lending rates.
    • The index of suffering is considered a practical but wrong measure. There are some situations where he does not face financial difficulties.
    • More recently, changes in the ■■■■ poverty rate have become a means of assessing the overall health of the economy.

  2. Created by economist Arthur O'Connor, an economic indicator of a country that adds inflation to the unemployment rate.

Literal Meanings of Misery Index

Misery:

Meanings of Misery:
  1. A state or feeling of extreme fear or physical or mental distress.

Index:

Meanings of Index:
  1. Alphabetical list of names, articles, etc. (in a book or series of books), with reference to the page on which they are mentioned.

  2. Exponents or other superscripts or subscripts are added to the set.

  3. Save to index (name, topic, etc.)

  4. Automatically associates a price (price, salary, or other payment) with the value of the price index.

  5. (Machine or part of a machine) Moves from one default position to another to perform a series of operations.

Sentences of Index
  1. Invert and pin the pin to occupy adjacent ■■■■■ positions.