
2.7 Business Cycles
Quiz
•
Social Studies
•
12th Grade
•
Medium
Adam Yurgionas
Used 93+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The business cycle is made up of how many phases?
5
4
3
2
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GDP declines during a(an)
peak
contraction
expansion
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic recovery begins-
above the trend line
at the end of a recession (trough)
at the "boom" period
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GDP will begin to decline at-
the peak.
the trough.
the contractionary phase.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a peak?
A
B
C
D
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a recession, or contraction?
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an expansion, or recovery?
A
B
C
D
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