The Business Cycle
Quiz
•
Social Studies
•
11th - 12th Grade
•
Medium
JONATHAN FROST
Used 1+ times
FREE Resource
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32 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The illustration depicts
the life cycle
the business cycle
my mood swings
wave theory
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
GDP, or gross domestic product, measures...
the value of all final goods and services produced
an increase in the general price level
the percentage of people looking for work that can't find it
the economic freedom an economy offers
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When GDP increases, the business cycle
expands
peaks
contracts
troughs
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When GDP drops, the business cycle
expands
peaks
contracts
troughs
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a recession, or contraction?
A
B
C
D
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a peak?
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a trough?
A
B
C
D
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