Question

Compute the sacrifice ratio for the country of Guinea, where the inflation rate is 15% and...

Compute the sacrifice ratio for the country of Guinea, where the inflation rate is 15% and the unemployment rate is 2%, based on the proposed experiences

year inflation output gap
2017 15% 0%
2018 12% 3%
2019 8% 3%
2020 4% 3%
2021 4% 0%

Report your answer up to two decimals points.

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