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Sacrifice Ratio |
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Sacrifice Ratio The cost to an economy when growth slows or stops in order to combat inflation. The ratio shows the cost for each percentage of decrease in inflation. It is calculated thusly: Sacrifice ratio = (Dollar cost of lost production) / (Percentage of change to the inflation rate) Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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