Business Cycles - Biz Kids quiz
Quiz by Mark Stegall
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10 questions
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- Q1We have an economic __________ when there is negative economic growth for at least six months.SurgeDepressionInflationRecession30s
- Q2The wave of highs and lows in the economy are __________.Bear marketDownturnEconomic cycleBull market30s
- Q3A __________ is optimistic or growing.DepressionSurgeDownturnRecession30s
- Q4A __________ is pessimistic or in decline.RecessionSurgeDepressionDownturn30s
- Q5When stock prices are high it’s a __________SurgeBear MarketBull MarketDepression30s
- Q6A drop in business or economic activity is a __________.DepressionEconomic CycleDownturnBuyer's market30s
- Q7A rise in prosperity and economic expansion is a __________.SurgeInflationDepressionDownturn30s
- Q8A rise in the cost of goods and services when too much money is in the economy.SurgeInflationBull MarketDepression30s
- Q9A sustained economic recession in which a nation’s GDP is falling and marked by low production and sales and a high rate of business failures and unemployment.Bull MarketEconomic CycleBear MarketInflationary gap30s
- Q10In the year 2007, house prices were going up, but by the end of 2008, homes were only worth 1/3 of what you might have paid for them in 2007. Was it a buyer’s market or a seller’s market in 2007,Sellers marketBuyers market30s