Misery Index
- A combination of inflation and unemployment in any given year. Single digit misery is good.
- Supply Shocks: rapid and significant increase in resource cost.
- Disinflation: reduction and inflation fro year to year. Found in the LRPC.
- Deflation: general decline in prices.
- Inflation: general rise in prices.
- Stagflation: unemployment and inflation rise/increase at the same time.
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