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Sigma Represents ______

question 24

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Sigma represents ______.


Definitions:

Sacrifice Ratio

The cost of reducing inflation by one percentage point through monetary policy, often measured in terms of lost output or unemployment.

Money Supply Growth

An increase in the total amount of money in circulation or in the hands of the public within an economy over a specific period.

Fiscal Reforms

Changes in government policies or taxation designed to improve a country's economic condition.

Credibility

The quality of being trusted and believed in, often critical in financial markets, international relations, and information dissemination.

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