Multiple Choice
Which of the following scenarios is consistent with typical estimates of the sacrifice ratio?
A) Inflation is reduced from 4 percent to 1 percent,and annual output falls by 10 percent.
B) Inflation is reduced from 6 percent to 4 percent,and annual output falls by 10 percent.
C) Inflation is reduced from 8 percent to 5 percent,and annual output falls by 9 percent.
D) Inflation is reduced from 3 percent to 2 percent,and annual output falls by 3 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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