Accountancy, asked by sunnydeshmukh500, 6 months ago

what do you mean by sacrifice ratio?(Answer in one sentence)

Answers

Answered by ghoshshreyan16

Answer:

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.

Answered by kumaranoop170021

Answer:

The sacrifice ratio is an economic ratio that measures the effect of rising and falling inflation on a country's total production and output.

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