Which of the following accurately describes the relationship between social service programs and the business cycle? a. Social service programs act completely independently of the business cycle.
b. Social service poggrams can help with recussions but do not slow inflation.
c. Social service programs can help with inflation but do not alleviate recessions.
d. Social service programs tend to intersity recessions and inflationary periods.
e. Social service programs help alleviate cyclical unemployment and inflation.

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.