Which factor would be the LEAST important variable that affects the business cycle? A) inflation B) employment Eliminate C) outsourcing D) productivity
Answers
Answered by
0
The factor which would be the least important variable that affects the business cycle is inflation.
Answer: Option (D)
Explanation:
- Inflation refers to the rate where the average price of some goods and services of an economy is on a rise over a period of time.
- There are three different kinds of inflation which includes cost-push, demand-pull and built-in inflation.
- The main cause of inflation is either the increasing demand or decreasing supply.
- When inflation is high, it is not good either for the economy or the individuals as it leads to the reduction in the value of money till the interest rate get higher than the inflation.
To know more about
What are the factors affect the crop production ? Explain in detail.
https://brainly.in/question/1214678
Give the factors affecting deforestation. five points
https://brainly.in/question/11223806
Answered by
5
Answer:c
Explanation:
usatestptep
Similar questions