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The light from a distant cloud of gas and dust looks distinctly red to the unaided eye. When a spectrum is taken, the red color is found to come from a single, bright spectral line. Thus, the red color in this situation is due to
Unemployment Rate
The percentage of the working-age population that is unemployed and in the process of looking for a job.
Sacrifice Ratio
An economic term that refers to the amount of production or output that must be forgone in order to reduce inflation by one percentage point.
Disinflates
The process of reducing the rate of inflation; a slowing in the rate at which prices increase, typically as a result of monetary policy actions.
Sacrifice Ratio
The sacrifice ratio is an economic concept that measures the cost of reducing inflation in terms of lost output or unemployment.
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