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If the Fed reduces inflation 1 percentage point and this makes output fall 2 percentage points and unemployment rise 3 percentage points for six months,the sacrifice ratio is
Poor Bone Density
A condition characterized by lower than normal levels of mineral content and density in bones, increasing the risk of fractures.
Menopause
The natural decline in reproductive hormones when a woman reaches her 40s or 50s, marking the end of the menstrual cycle.
Marginal Tax Rates
The rate at which the last dollar of a taxpayer's income is taxed, indicating the rate applied to each additional dollar of income.
Capital Gains
The profit realized from the sale of assets, such as stocks or real estate, that have increased in value over their purchase price.
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