contestada

An economy has a current inflation rate of 7%. if the central bank wants to reduce inflation to 4% and the sacrifice ratio is 2, then how much annual output must be sacrificed in the transition?

Respuesta :

6%  annual output must be sacrificed in the transition.

Annual output is the sum of the Annual Production for a given year plus the amount of Poly Purge recycled for that year, or a fraction thereof.

A unit of annual output is the total amount of products or services produced in a certain time frame (for instance, a year). The number of units of a single good produced by a company in a certain period of time, such as a month or a year, is its output. something created, for example. steel output, mineral, agricultural, or industrial production. B: Intellectual or creative output Literature. C: The quantity a person produces in a specific period of time.

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