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- 1. Multiple Choice
take a look the following diagram with the following labels:
1 - Peak, 2 - trough, 3 - decline, 4 - growth
press YES if you already read and remember the labels.
YES
NO
- 2. Multiple Choice
Read each of the following question and place the proper letter next them that correspond with the business cycle.
The price of bread has increased 5% over the past three months
P
C
T
G
- 3. Multiple Choice
Interest rates at a low of 2% cause consumers to take out loans and buy homes.
P
C
T
G
- 4. Multiple Choice
The sale of durable goods is down for the 5th consecutive month.
P
C
T
G
- 5. Multiple Choice
Due to factory closures unemployment has risen to a five year high of 10%
P
C
T
G
- 6. Multiple Choice
Due to increased consumer spending, the Federal Reserve raises interest rates to slow the economy down.
P
C
T
G
- 7. Multiple Choice
The DOW Jones industrial average reaches an all-time high.
P
C
T
G
- 8. Multiple Choice
GDP declines for four consecutive months, causing the Federal Reserve to lower interest rates.
P
C
T
G
- 9. Multiple Choice
The unemployment rate is at 3.4%, a new 15 year low.
P
C
T
G
- 10. Fill in the Blank
How can predicting / understanding the business cycle influence your future financial decision?
- Answer choicesTagsAnswer choicesTags