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let’s focus on the second quarter since the change in velocity is so dramatic. during that quarter, the cpi fell by 0.9%, real gdp fell by 9.0%, the money supply rose by 23%, and velocity changed by %. give your answer to one decimal.

Respuesta :

There are various indications that the United States may be headed toward a recession as a result of the second period's economy contracting with GDP falling by 0.9%.

According to figures from the U.S. Labor Department issued on December 13, the country's annual inflation rate fell from 7.7% to 7.1% for the 12 months ending in November 2022.

Collectors. Baseball cards, fine art, and wine have historically benefited from inflationary periods when the dollar's value declines. Because they are more likely to maintain their value during times of market instability, investors may gravitate to hard assets during times of high inflation.

To know more about the inflation rate, refer to this link:

brainly.com/question/28097828

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