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A Country Is Likely to Have a Higher Sacrifice Ratio

Question 22

Multiple Choice

A country is likely to have a higher sacrifice ratio if


A) Contracts are shorter,and people believe the central bank will reduce inflation.
B) Contracts are longer,and people believe the central bank will not reduce inflation
C) Contracts are longer,and people believe the central bank will reduce inflation.
D) Contracts are shorter,and people believe the central bank will not reduce inflation.

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