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    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: The Cost of Reducing Inflation
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    In 1979,when the Fed Was Deciding How Aggressively to Fight
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In 1979,when the Fed Was Deciding How Aggressively to Fight

Question 11

Question 11

Multiple Choice

In 1979,when the Fed was deciding how aggressively to fight inflation,the typical estimate of the sacrifice ratio was


A) 1.
B) 5.
C) 7.
D) 10.

Correct Answer:

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