GDP and Business Cycle

GDP and Business Cycle

10th - 12th Grade

15 Qs

quiz-placeholder

Similar activities

DNA Review

DNA Review

9th - 12th Grade

15 Qs

Perfect Continuous (Present 'n Past)

Perfect Continuous (Present 'n Past)

12th Grade

20 Qs

Apology

Apology

12th Grade

10 Qs

Adolfo López Mateos

Adolfo López Mateos

12th Grade

10 Qs

How well do you know your friend?

How well do you know your friend?

1st - 12th Grade

10 Qs

CTJ - St. Patrick's Hullabaloo

CTJ - St. Patrick's Hullabaloo

4th Grade - Professional Development

10 Qs

ObliCon

ObliCon

1st - 12th Grade

10 Qs

Functions of a Sentence

Functions of a Sentence

6th - 12th Grade

10 Qs

GDP and Business Cycle

GDP and Business Cycle

Assessment

Quiz

10th - 12th Grade

Easy

Created by

Lucas Britt

Used 5+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This economic model is called:

The business cycle

Supply & demand

Production Possibilities Curve

Circular Flow Model

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Lowest point in the business cycle

Peak
Trough
Expansion
Contraction

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The HIGHEST Point in business cycle

Peak
Trough
Contraction
Recession

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If GDP falls for at least 2 Quarters, it is called.

Expansion
Recession
Clumsy
Frictional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term is used to describe the percent of the labor force that does not have a job but is currently looking for one?

Leading economic indicator
Full employment
Unemployment rate
Structural unemployment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term is used to describe an increase in the general price level?

Deflation
Monetary policy
Stagnation
Inflation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term describes the phases of expansion and contraction in an economy over time?

Recessions
Business cycles
Output yo-yos
Total product oscillations

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?