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Unit Review Quiz

Authored by Kieran Pote

Social Studies

12th Grade

Used 3+ times

Unit Review Quiz
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of these are part of the business cycle EXCEPT

Peak

Inflation

Expansion

Trough

2.

LABELLING QUESTION

45 sec • 2 pts

Label the different parts of the business cycle

a
b
c
d

Peak

Trough

Contraction

Expansion

3.

HOTSPOT QUESTION

30 sec • 1 pt

Which phase of the business cycle is characterized by a rapid increase in economic activity?

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy is the federal government’s use of taxing and spending to keep the economy stable

True

False

5.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Classical Economics ran into what issue with the business cycle?

It failed to account for the influence of consumer confidence on the business cycle.

It did not consider the impact of technological advancements on the business cycle.

It did not take into account Government intervention

It did not address how deep the troughs are or how long the troughs last.

6.

DROPDOWN QUESTION

30 sec • 1 pt

If the Fed is concerned about inflation, they would implement a (a)   money policy.

Tight

Easy

7.

FILL IN THE BLANK QUESTION

1 min • 3 pts

What is the name of the type of tax that takes a larger percentage from high-income people?

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