Examlex
Which of the following was NOT a result of Ronald Reagan's policies in Central America?
Sacrifice Ratio
The measure of the economic cost associated with reducing inflation, typically assessed in terms of the percentage loss in gross domestic product (GDP) for each percentage point decrease in inflation.
Anti-inflation Policy
A set of governmental or central bank strategies aimed at controlling or reducing the rate of inflation in the economy.
Expectations
The anticipations or beliefs about future events or outcomes, which can influence current behavior and decision-making.
Price of Oil
The cost per barrel of crude oil as determined in global markets, influenced by factors such as supply, demand, geopolitical events, and market speculation.
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