The Sacrifice Ratio Is the

question 35

Multiple Choice

The sacrifice ratio is the

• A)sum of the inflation and unemployment rates.
• B)inflation rate divided by the unemployment rate.
• C)number of percentage points annual output falls for each percentage point reduction in inflation.
• D)number of percentage points unemployment rises for each percentage point reduction in inflation.

---

Definitions:

Rejection

Termination of a contract that occurs when an offeree does not accept the offer or terms of the contract.

Incapacitated

In a state where an individual is unable to take legal actions or make their own decisions due to physical or mental limitations.

Offeror

An offeror is the party in a contract who makes an offer to enter into an agreement with another party, known as the offeree.

Offer Immediately

This term typically refers to a proposal or opportunity presented without delay.