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Identify/define and explain the significance of the following: G.L.Buffon.
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.
Sacrifice Ratio
A measure of the economic cost of reducing inflation, quantified by the percentage loss in output or production for a one percent decrease in inflation.
Inflation Reduction
Efforts or policies aimed at slowing the rate of inflation in order to stabilize the economy and maintain the purchasing power of currency.
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