GDP, Poverty, and Business cycles

GDP, Poverty, and Business cycles

9th - 12th Grade

16 Qs

quiz-placeholder

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GDP, Poverty, and Business cycles

GDP, Poverty, and Business cycles

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

Calvary Lyle

Used 25+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 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

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Inflation 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

3 mins • 1 pt

Unemployment 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

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Which of the following is a peak?

A

B

C

D

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Which of the following is a recession, or contraction?

A

B

C

D

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Which of the following is a trough?

A

B

C

D

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Which of the following is an expansion, or recovery?

A

B

C

D

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