The misery index is defi ned as the sum of the unemployment and the infl ation rates.

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The misery index is defi ned as the sum of the unemployment and the infl ation rates. Use Exhibit 1- 7 to calculate the misery index for each de cade since 1960.

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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