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    Exam 12: Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
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    The Estimate of the Sacrifice Ratio from the Volcker Disinflation
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The Estimate of the Sacrifice Ratio from the Volcker Disinflation

Question 3

Question 3

Multiple Choice

The estimate of the sacrifice ratio from the Volcker disinflation is approximately:


A) 5-6.
B) 2.5-3.
C) 1-1.5.
D) 0-0.5.

Correct Answer:

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