If the sacrifice ratio is five, a reduction in inflation from 7 percent to 3 percent would require ?

A. a reduction in output of 5percent

B. a reduction in output of 15 percent

C. a reduction in output of 20 percent

D. a reduction in output of 35 percent

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.