Examlex
Any food,drug,or product that contains any avoidable,added,poisonous,or deleterious substance is unsafe and is considered pure.
Sacrifice Ratio
The number of percentage points of annual output lost in the process of reducing inflation by 1 percentage point.
Inflation
An increase in the overall level of prices in the economy
Output
The amount of goods or services produced by a firm, industry, or economy over a given period.
Sacrifice Ratio
A measure of the economic cost of reducing inflation, calculated as the percentage of annual output lost per one percentage point reduction in inflation.
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