maxr9713 maxr9713

26-05-2023
Mathematics

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Part 1 (2 points) In which quarter(s) was the percentage change in velocity positive? Choose one or more: A. Q1 2020 B. Q22020 C. Q3 2020 Part 2 (2 points) 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. Part 3 (2 points) Which of the following can explain such a large change in velocity that occurred during the second quarter? Choose one: A. People and banks were spending their money at faster rates. B. There was a substantial increase in the money supply. C. People and banks were holding on to their money longer. D. The inflation rate was negative.

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