Question 7 Use the graph to answer the question. U. S. Inflation Rate by Year Inflation Rate(%) 20.00 15.00 10.00 5.00 0.00 1910 19) -5.00 -10.00 -15.00 parken unho 140 1950 1960 1970 1960 1999 2000 2010 Year What action is the Federal Reserve MOST LIKELY to take to address an inflation rate like that seen in 1920-1921?

A putting more money into the system

B decreasing the number of goods exported from the country

C increasing personal and corporate income taxes

D removing all tariffs

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On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.