The Business Cycle measures ___ over time.
Business Cycle
Flashcard
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History
•
9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
economic growth
2.
FLASHCARD QUESTION
Front
A trend line will show-
Back
an increase in Real GDP over time.
3.
FLASHCARD QUESTION
Front
The business cycle rises above the trendline during-
Back
expansions
4.
FLASHCARD QUESTION
Front
GDP declines during a(an)
Back
contraction
5.
FLASHCARD QUESTION
Front
GDP will begin to decline at-
Back
the peak.
6.
FLASHCARD QUESTION
Front
Inflation measures...
Back
an increase in the general price level
7.
FLASHCARD QUESTION
Front
Unemployment measures...
Back
the percentage of people looking for work that can't find it
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