Typical estimates of the sacrifice ratio suggest that a one-percentage-point reduction in the inflation rate requires A. a sacrifice of 5 percent of government spending. B. a 5 percent increase in the government budget deficit. C. an increase in the unemployment rate of 5 percentage points. D. a sacrifice of 5 percent of annual output.

If canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the us has an abundance of cleaning solutions but consumers are demanding more paper products, how would trade benefit both countries? trade would assist both countries by creating excess demand. trade would assist both countries by strengthening their natural resources. trade would assist both countries to both reduce excess supply and satisfy market demand.