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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
The sacrifice ratio is
A) the amount of output lost when the inflation rate is reduced by one percentage point.
B) the percentage reduction in inflation when output falls one percentage point below potential.
C) the number of percentage points that the unemployment rate rises when output declines by one percentage point.
D) the percentage change in employment when output declines by one percentage point.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 143 times
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wrote...
8 years ago
A.
johnpaul92 Author
wrote...
8 years ago
This answers my question, thank you so much
wrote...
8 years ago
You're welcome, happy to help Slight Smile
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