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If the Sacrifice Ratio Is 3,reducing the Inflation Rate from 10

Question 144

Multiple Choice

If the sacrifice ratio is 3,reducing the inflation rate from 10 percent to 7 percent would require sacrificing how much annual output?

A) 2 percent of annual output
B) 7 percent of annual output
C) 9 percent of annual output
D) 10 percent of annual output

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