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.

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter16: Mastering Financial Management

Section: Chapter Questions

Problem 1DQ

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