Business Cycle

Business Cycle

9th Grade

13 Qs

quiz-placeholder

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Business Cycle

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Assessment

Quiz

Financial Education

9th Grade

Easy

Created by

Jessica Diebler

Used 4+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following is NOT a Phase?

Expansion

Contraction

Neutral

Peak

Trough

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The Business Cycle measures ___ over time.

wealth

inflation

economic growth

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

GDP declines during a(an)

peak

contraction

expansion

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Economic recovery begins-

above the trend line

at the end of a recession (trough)

at the "boom" period

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

If a news headline says, "Finally!!! 2 straight months of increased jobs."

Where on the business cycle is the current economy?

Peak

Contraction/Recession

Trough

Expansion/Growth/Recovery

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

If a news headline says, "3 months of consecutive job losses is impacting consumer confidence."

Where on the business cycle is the current economy?

Peak

Contraction/Recession

Trough

Expansion/Growth/Recovery

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

GDP declines during a(an)

peak

contraction

expansion

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