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Unemployment/Business Cycle

Authored by Charles Ellington

Social Studies

12th Grade

Used 4+ times

Unemployment/Business Cycle
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43 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

The business cycle is made up of how many phases?

5

4

3

2

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business cycle rises above the trendline during-

rescessions

expansions

troughs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP declines during a(an)

peak

contraction

expansion

5.

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What follows the "peak" of a business cycle?

recession

a "bust"

the trough

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP will begin to decline at-

the peak.

the trough.

the contractionary phase.

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