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    Exam 14: Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
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    The Estimate of the Sacrifice Ratio from the 1980s Disinflation
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The Estimate of the Sacrifice Ratio from the 1980s Disinflation

Question 47

Question 47

Multiple Choice

The estimate of the sacrifice ratio from the 1980s disinflation in Canada is approximately:


A) 5-6.
B) 3-4.
C) 1-1.5.
D) 0-0.5.

Correct Answer:

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