meaning of sacrifing ratio...????
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to support for anything
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CORPORATE FINANCE & ACCOUNTING FINANCIAL RATIOS
Sacrifice Ratio in Economics Defined
By CAROLINE BANTON
Updated Dec 20, 2020
What Is the Sacrifice Ratio?
The sacrifice ratio is an economic ratio that measures the effect of rising and falling inflation on a country's total production and output. Costs are associated with the slowing of economic output in response to a drop in inflation. When prices fall, companies are less incentivized to produce goods and may cut back on production. The ratio measures the loss in output per each 1% change in inflation. By examining a country's historic sacrifice ratios through time, a governing body can predict what effect their fiscal policies will have on the country's output.
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