Business Cycle
Quiz
•
History, Mathematics
•
9th - 12th Grade
•
Medium
Alyssa Stafford
Used 272+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Business Cycle measures ___ over time.
wealth
inflation
economic growth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A trend line will show-
an increase in Real GDP over time.
only economic recessions.
only economic expansions.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a macroeconomic goal?
low unemployment
rise in the minimum wage
price level stability
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The business cycle rises above the trendline during-
rescessions
expansions
troughs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GDP declines during a(an)
peak
contraction
expansion
6.
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
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When GDP rises faster than the long-run trend the economy is experiencing-
recession
expansion
recovery
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