Macroeconomics Review
Authored by Luke Sealey
Social Studies
9th - 12th Grade
Used 32+ times
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36 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The business cycle rises above the trendline during-
rescessions
expansions
troughs
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
GDP declines during a(an)
peak
contraction
expansion
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Economic recovery begins-
above the trend line
at the end of a recession (trough)
at the "boom" period
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
If a news headline says, "Finally!!! 2 straight months of increased jobs."
Where on the business cycle is the current economy?
Peak
Contraction/Recession
Trough
Expansion/Growth/Recovery
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
If a news headline says, "3 months of consecutive job losses is impacting consumer confidence."
Where on the business cycle is the current economy?
Peak
Contraction/Recession
Trough
Expansion/Growth/Recovery
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is a peak?
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is a trough?
A
B
C
D
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