EPF Unit 1 Review
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
Lauren Zuppo
Used 5+ times
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31 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which event would MOST likely signal that the economy has entered a period of expansion?
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
During which stage of the business cycle do businesses MOST often reduce investment spending?
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If GDP decreases for two consecutive quarters, this BEST indicates the economy is in a:
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When an economy is at its peak, what typically follows?
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When the Federal Reserve lowers interest rates, the goal is usually to:
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which action is an example of fiscal policy?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The Federal Reserve increases the money supply in order to:
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