How is sacrifice ratio calculated? (Answer in one sentence)
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The sacrifice ratio is calculated by taking the cost of lost production and dividing it by the percentage change in inflation.
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The calculation of sacrifice ratio is done by:-
1) The price or cost of the production that is lost is being taken and divided by the inflation change in percentage.
2) Sacrifice ratio is a country's economic ratio, which measures or checks the influence on country's output production in total due to the rise or fall in inflated things.
3) With the rise in price of goods and the production cost is effectively cut down and vice versa to maintain company's profit.
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