Accountancy, asked by bikasrana0220, 4 months ago

what is sacrifice ratio

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Answered by Anonymous

43

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. Costs are associated with the slowing of economic output in response to a drop in inflation. ... The ratio measures the loss in output per each 1% change in inflation.

Answered by rajeaiswarya907

2

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. Costs are associated with the slowing of economic output in response to a drop in inflation. ... The ratio measures the loss in output per each 1% change in inflation.

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