SS9 Business Cycle
Authored by Miriam Soliman
Social Studies
9th Grade
Used 15+ times
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15 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
1 min • 1 pt
Which of the following is NOT a Phase?
Expansion
Contraction
Neutral
Peak
Trough
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The more money people invest in businesses,
the more money businesses have to grow. Therefore, investment affects the business cycle.
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If GDP of a country is decreasing, this can indicate that overall spending on goods and services will decrease for businesses.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If sales rise, businesses may reduce the workforce to help reduce their overall costs.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During which phase of the business cycle does the economy experience a decline in economic activity?
Expansion
Peak
Recession
Trough
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