
Unit 9 Business Cycle/Fiscal Policy
Authored by John Wylie
History
9th - 12th Grade
Used 17+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As the stock market gets healthier & investments increase, the business cycle is likely to be at which phase?
A period of expansion
A period of deflation
A period of recession
A period of apathy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic model best represents the product and factor markets?
Business Cycle
Circular Flow
Monopolistic Gerrymandering
Invisible Hand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What best describes a recession?
Low unemployment
Increase in business productivity
High unemployment
Increase in consumer spending
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what point in the business cycle does the economy experience six months or more of decline in the GDP?
Inflation
Expansion
Recession
Peak
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What measures a nation’s productivity?
Gross Domestic Product
Producer Price Index
Consumer Price Index
US, Mexico, Canada Agreement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A steady increase in the general level of prices is known as...?
Inflation
Deflation
Stagflation
Deflategate
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fiscal Policy is...?
Your morning workout
The government's use of taxes and spending to influence the economy.
decided by the President
best left to the experts
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