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    Exam 12: Unemployment and Inflation
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    The Amount of Output Lost When the Inflation Rate Is
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The Amount of Output Lost When the Inflation Rate Is

Question 78

Question 78

Multiple Choice

The amount of output lost when the inflation rate is reduced by one percentage point is called


A) Okun's law.
B) the sacrifice ratio.
C) the Solow residual.
D) Planck's constant.

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