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Suppose 1 extra point of unemployment reduces inflation by 0.5 point - holding inflation expectations constant.If the sacrifice ratio is about 4 (sacrifice ratio is

Suppose 1 extra point of unemployment reduces inflation by 0.5 point - holding inflation expectations constant.If the sacrifice ratio is about 4 (sacrifice ratio is defined as loss to GDP due to 1 percent disinflation in the economy) Okun's coefficient is:

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