The Business Cycle (EPF 5.04)

The Business Cycle (EPF 5.04)

9th - 12th Grade

20 Qs

quiz-placeholder

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The Business Cycle (EPF 5.04)

The Business Cycle (EPF 5.04)

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

Created by

Tracee McDonald

Used 10+ times

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20 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

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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