
Business Cycle

Quiz
•
Financial Education
•
9th Grade
•
Easy
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
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
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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