What do mean by ratio what do you understand by sacrificing ration.
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The sacrifice ratio is an economic ratio that measures the effect of rising and falling inflation on a country's total production and output. ... 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 sacrifice ratio is an economic ratio that measures the effect of rising and falling inflation on a country's total production and output. ... 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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