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.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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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 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.

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