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Econ Unit #2: Business Cycle

Authored by Katherine Sunseri

Social Studies

12th Grade

Used 19+ times

Econ Unit #2: Business Cycle
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the business cycle do wages increase?

Expansion

Peak

Contraction

Trough

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the business cycle do wages reach their lowest point?

Expansion

Peak

Contraction

Trough

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the business cycle do wages decrease?

Expansion

Peak

Contraction

Trough

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the business cycle do reach their highest point?

Expansion

Peak

Contraction

Trough

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the business cycle do businesses lay off more and more workers?

Expansion

Peak

Contraction

Trough

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the business cycle are new businesses likely to start?

Expansion

Peak

Contraction

Trough

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the business cycle should you look for a new job?

Expansion

Peak

Contraction

Trough

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