Question

calculate the misery index values using the data below, to exactly identify the year in which the index value was the highest. Explain what that value means.

Frequency: Annual
observation_date	UNRATE	CPIAUCSL_PC1
1970-01-01	5.0	5.9
1971-01-01	6.0	4.2
1972-01-01	5.6	3.3
1973-01-01	4.9	6.3
1974-01-01	5.6	11.0
1975-01-01	8.5	9.1
1976-01-01	7.7	5.8
1977-01-01	7.1	6.5
1978-01-01	6.1	7.6
1979-01-01	5.9	11.3
1980-01-01	7.2	13.5
1981-01-01	7.6	10.4
1982-01-01	9.7	6.2
1983-01-01	9.6	3.2
1984-01-01	7.5	4.4
1985-01-01	7.2	3.5
1986-01-01	7.0	1.9
1987-01-01	6.2	3.6
1988-01-01	5.5	4.1
1989-01-01	5.3	4.8
1990-01-01	5.6	5.4
1991-01-01	6.9	4.2
1992-01-01	7.5	3.0
1993-01-01	6.9	3.0
1994-01-01	6.1	2.6
1995-01-01	5.6	2.8
1996-01-01	5.4	2.9
1997-01-01	4.9	2.3
1998-01-01	4.5	1.5
1999-01-01	4.2	2.2
2000-01-01	4.0	3.4
2001-01-01	4.7	2.8
2002-01-01	5.8	1.6
2003-01-01	6.0	2.3
2004-01-01	5.5	2.7
2005-01-01	5.1	3.4
2006-01-01	4.6	3.2
2007-01-01	4.6	2.9
2008-01-01	5.8	3.8
2009-01-01	9.3	-0.3
2010-01-01	9.6	1.6
2011-01-01	8.9	3.1
2012-01-01	8.1	2.1
2013-01-01	7.4	1.5
2014-01-01	#N/A	#N/A