If the rate of inflation is 6 percent,the prime rate of interest is 9 percent,and the unemployment rate is 6 percent,how much is the misery index?

Misery Index

The misery index is an economic indicator created by adding the unemployment rate to the inflation rate, designed to measure the health of an economy.

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, often used as a reference rate for various types of loans.

Inflation

The advancement rate at which the general price levels of goods and services elevate, diminishing spending power.