The Business Cycle (EPF 5.04)
Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium
Tracee McDonald
Used 10+ times
FREE Resource
20 questions
Show all answers
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
GDP declines during a(an)
peak
contraction
expansion
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a Phase?
Expansion
Contraction
Neutral
Peak
Trough
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The business cycle rises above the trendline during-
rescessions
expansions
troughs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GDP declines during a(an)
peak
contraction
expansion
7.
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
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