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    Exam 13: Aggregate Supply and the Short-Run
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    The Estimate of the Sacrifice Ratio from the Canadian Disinflation
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The Estimate of the Sacrifice Ratio from the Canadian Disinflation

Question 3

Question 3

Multiple Choice

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


A) 5.2-6.2.
B) 4.2-6.0.
C) 2.7-4.6.
D) 0-2.7.

Correct Answer:

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