
Business Cycle
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Easy
Shannon Lane
Used 17+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes a 'peak' in the business cycle?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What phase of the business cycle typically follows a peak?
Upturn
Downturn
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During an economic upturn, which of the following is most likely to occur?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a typical characteristic of a recession?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the lowest point in the business cycle called?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During the recovery phase, which trend is commonly observed?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following would most likely occur during a peak/boom?
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