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  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 35: The Short-Run Tradeoff Between Inflation and Unemployment
  5. Question
    If the Fed Reduces Inflation by 2 Percentage Points and This
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If the Fed Reduces Inflation by 2 Percentage Points and This

Question 160

Question 160

True/False

If the Fed reduces inflation by 2 percentage points and this results in a 6 percentage-point increase in unemployment, then the sacrifice ratio is equal to 3.

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