what is sacrificing ratio ? how is it calculated
Attachments:
Answers
Answered by
4
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
5
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.
Similar questions