Question

what is sacrifice ratio​

Answer 1

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.

Answer 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.