Suppose That Reducing Inflation 3 Percentage Points Would Cost a Country

question 210

Multiple Choice

Suppose that reducing inflation 3 percentage points would cost a country 4 percent of annual output.This country's sacrifice ratio is

• A)3/4.
• B)4/3.
• C)7.
• D)12.

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Commercialization

The process of bringing a new product or service to the market, including production, distribution, marketing, and sales.

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