Business Cycle

Business Cycle

10th Grade

7 Qs

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Business Cycle

Business Cycle

Assessment

Quiz

Business

10th Grade

Hard

Created by

Linda Sitanggang

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is business cycle?

total goods and services produced in a country

number of working force over population

an increase or decrease in economic activity over time

a financial transaction record made by residents of a country and the rest of the world.

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is not a stage in business cycle?

growth

boom

recession

equilibrium

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which stage that shows the highest level of economy?

growth

boom

slump

recession

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which stage on the economy showing the country at its lowest of GDP?

Growth

Boom

Slump

Recession

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Total goods and services produces in a country is known as....

balance of payment

scarcity

gross domestic product

national income

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which statement is showing an economic boom?

Demand for goods and services fall

Investment and profits at their highest level

High unemployment

Standard of living slowly increase

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

At which stage the economy experience a depression?

slump

growth

recession

boom