In General,the Sacrifice Ratio Will Be Smaller,the

Multiple Choice

In general,the sacrifice ratio will be smaller,the

A) shorter it takes to revise inflationary expectations downwards.
B) shorter it takes to revise inflationary expectations upwards.
C) longer it takes to revise inflationary expectations upwards.
D) longer it takes to revise inflationary expectations downwards.
E) sacrifice ratio will be the same always.