Leese

What Is the Sacrifice Ratio in Economics?



by

The sacrifice ratio is the percentage reduction in real disposable income required to reduce inflation by one percentage point. The sacrifice ratio is often used as a measure of the cost of reducing inflation. What are the 5 types of ratio? 1. Liquidity Ratios 2. Activity Ratios 3. Debt Ratios 4. Margin Ratios 5. profitability … Read more

American Express Card.



by

An American Express card is a credit card that is issued by American Express. American Express is a financial services company that is based in the United States. American Express cards can be used to make purchases at businesses that accept American Express. American Express cards can also be used to withdraw cash from ATMs. … Read more