The business cycle is the fluctuation in economic activity
Considering the situation described the many economists believe these policies helped avert another Great Depression but exacerbated the <u>inflation</u> problem in the financial system.
This is because the new policies and tools used to tackle the 2007-2008 financial crisis and recession was based on Keynesian economics.
However, while Keynesian economics concentrates on regulating aggregate demand to solve or prevent economic recessions, it is considered <u>inflationary</u>.
This is because it is believed that these policies encourage lower tax rates and increase the national deficit to ensure there is employment.
However, with more money in circulation, many economists believed it would cause inflation and more income disparity.
Hence, in this case, it is concluded that the correct answer is <u>Inflation</u>.
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Answer:
FIFO
Explanation:
FIFO inventory system means the first purchased inventory are the first to be sold.
The LIFO inventory system means the last purchased inventory are the first to be sold.
The average cost inventory system means that the average cost of inventories are used as the cost of the goods sold.
For example, if a business has a beginning inventory of 5 biros at $2 each. On the first of December, the business purchased 10 pens at $2.50. On the 10th, 5 pens were purchased at $3. 15 pens are sold at $5 each. If the FIFO inventory system is used, the cost of goods sold would be = (5×$2)+(10×$2.50) = $35
Total revenue = $75
Net profit = $40.
If the LIFO inventory system is used, the cost of goods sold =(10 × $2.50) + (5×$3) = $40
Net profit = $35
The net profit is higher using the FIFO method.
I hope my answer helps you
Answer:
Unethical behavior?
Explanation:
Ethics and morals are similar but aren't the same, but that's the closest answer I can give. Ethical decisions are made to get the best possible outcome. Which choice will lead to the best outcome? So whether or not it is a moral decision it is made to ensure the best result. To do the, "wrong thing" or to "lack morals" would most be compared to unethical behavior.
I hope this helped ^^
