The amount of output lost when the inflation rate is reduced by one percentage point is called
A. the Solow residual.
B. Okun's law.
C. Planck's constant.
D. the sacrifice ratio.
Answer: D
Economics
You might also like to view...
Which of the following nations had the highest public sector debt as a percentage of GDP in 2012?
A. The U.S. B. Japan C. The U.K. D. Greece
Economics
Obesity is directly responsible for a massive increase in the number of cases of ______.
a. AIDS b. Hepatitis B c. Type II Diabetes d. Alzheimer’s
Economics