Explains it correctly Q)In 2021, businesses achieved the highest quarterly profit rates they've had in about 70 years. This indicates that: Group of answer choices A: Capitalists are driving up inflation by increasing prices more than their costs are increasing. B: The high unemployment rates seen during the COVID pandemic have increased inflation. C: The economy is experiencing a wage-price spiral. D: Increased workers' bargaining power is driving up inflation.
Explains it correctly Q)In 2021, businesses achieved the highest quarterly profit rates they've had in about 70 years. This indicates that: Group of answer choices A: Capitalists are driving up inflation by increasing prices more than their costs are increasing. B: The high unemployment rates seen during the COVID pandemic have increased inflation. C: The economy is experiencing a wage-price spiral. D: Increased workers' bargaining power is driving up inflation.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Explains it correctly
Q)In 2021, businesses achieved the highest quarterly profit rates they've had in about 70 years. This indicates that:
Group of answer choices
A: Capitalists are driving up inflation by increasing prices more than their costs are increasing.
B: The high
C: The economy is experiencing a wage-price spiral.
D: Increased workers' bargaining power is driving up inflation.
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