Consumption + Investment + Government + Net Exports = ______?
Economic Indicators, The Fed, Monetary Policy & Fiscal Policy

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Social Studies
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12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Gross Domestic Product
2.
FLASHCARD QUESTION
Front
Which term completes the list? The Five Stages of ______? 1. Growth 2. Peak 3. Recession 4. Trough 5. Recovery
Back
the Business Cycle
3.
FLASHCARD QUESTION
Front
Inflation would benefit which group of people the most? Options: people on fixed incomes, people who are in debt
Back
people who are in debt
4.
FLASHCARD QUESTION
Front
Which economic indicator best shows that deflation is occurring? Options: a decrease in interest rates due to home foreclosures, a decline in prices due to the lack of consumer spending
Back
a decline in prices due to the lack of consumer spending
5.
FLASHCARD QUESTION
Front
During a period of economic downturn, what is one characteristic that might be observed in the job market?
Back
unemployment tends to rise
6.
FLASHCARD QUESTION
Front
Quinton and Cam are studying the economy and notices a period when the real gross domestic product (GDP) stops falling. Which stage of the business cycle are they observing?
Back
Trough
7.
FLASHCARD QUESTION
Front
During which stage of the business cycle does the economy experience the highest inflation rate?
Back
Peak
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