If a Rapid Disinflation Has a Lower Sacrifice Ratio Than

question 4

Multiple Choice

If a rapid disinflation has a lower sacrifice ratio than a slow disinflation,then reducing inflation is best accomplished by

• A)gradualism.
• B)increasing money growth.
• C)reducing interest rates.
• D)a cold-turkey approach.

---

Definitions:

Standard Deviations

A measure of the dispersion or spread of a set of values in a dataset, indicating how much the values deviate from the mean.

Deviation

In statistics, it refers to how far a particular data point is from the mean of the data set.

Negatively Skewed

A distribution with a tail that extends to the left, indicating that the majority of the data points are located towards the right of the mode.

Distribution

In statistics, the way in which data or values are spread or distributed across possible values or intervals.