Title: The Biden Stagflation Arrives Writers: WSJ Editorial Board Date: July 29, 2022 Summary of Article: Bad policies have produced slow growth and soaring prices, Cl ' - . Waggon] Application, StUdentS StUdV how the individual components of GDP contributed to 8 ve secGrid-quarter GDP rates. And how this was driven by political policies. Question #1: What is the U.S. economy's second-quarter GDP rate? Question #2: What was the previous GDP rate (think 1St Q2022)? Question #3: According to lnvestopedia (not Wikipedia) what is the popular rule of thumb definition of a recession? Just define it. Question #4: Consumer spending is down compared to the previous quarter. Why is this according to recent earnings from retailers? Question #5: What is \"core\" inflation according to Investopedia (not Wikipedia)? Just define it. Question #6: Private investment fell 13.5% and residential is down 14% as the housing market cools. Falling inventory investment is a sign of what? Question #7: Widespread inflation wreaks havoc with business costs and investment plans. What are two other culprits? Question #8: What was the bright spot? Why? What's up in Europe? Three questions here! Question #9: According to the WSJ article, what is stagflation? Question #10: \"This is what the policy mix of...\" What policy mix caused this? Four reasons were listed