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Social Studies

9th - 10th Grade

Used 26+ times

Business Cycle
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is a slump?

A

B

C

D

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is a boom?

A

B

C

D

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business cycle is made up of how many phases?

5

4

3

2

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is NOT a recovery's characteristic?

Consumers begin to increase spending

rapidly rising unemployment

Business feel a little more confident and start to invest again

Consumers begin to increase spending

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

An economy is officially considered to be in recession after two consecutive (continuous) quarters of falling GDP.

True

False

6.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which of the following characteristics of the business cycle that describing the boom phase?

High levels of consumer spending, business confidence, profits and investment

Space capacity increases + rising unemployment.

low unemployment

Business feel a little more confident and start to invest again

7.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which of the following characteristics of the business cycle that describing the slump phase?

Very weak consumer spending and business investment

Fallings levels of consumer spending

Consumers begin to increase spending

Rapidly rising unemployement

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