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Economic Indicators Review

Authored by Erica Lyle

Social Studies

9th - 12th Grade

Used 3+ times

Economic Indicators Review
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18 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

The business cycle rises above the trendline during-

rescessions

expansions

troughs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP declines during a(an)

peak

contraction

expansion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is an expansion, or recovery?

A

B

C

D

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP divided by ______ = GDP per capita

population

income

wealth

production

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which phase of the business cycle is characterized by increase in production, money flow, and employment?

Expanion

Peak

Trough

Recession

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