Business Cycles
Authored by Maria Velasquez
Life Skills
9th - 12th Grade
Used 53+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Lowest point in the business cycle
Peak
Trough
Expansion
Contraction
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The HIGHEST Point in business cycle
Peak
Trough
Contraction
Recession
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which phase of the Business Cycle includes the economy slowing down?
Prosperity
Recession
Depression
Recovery
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The lowest point of output in a recession, before a recovery begins is called
trade deficit
depression
trough
recovery
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When a recession is predicted in an economy which of the following occurs?
businesses decrease investment
consumers increase spending
businesses increasing hiring
businesses increase investment
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which letter represents the Contractionary (Recession) Phase?
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Where on the business cycle would you find the highest unemployment?
A
B
C
D
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