Quiz Show

Question and Answer Samples and Techniques

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Business Cycle Model

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ProsperityLow unemploymentProduction is highNew businesses open

RecoveryPeople go back to workProduction starts increasingSpending increases

RecessionSpending decreasesUnemployment rate increases

DepressionLow productivityHigh unemployment

The Business Cycle

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LABEL A BUSINESS CYCLE

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Quiz Show

6

Sample Question and Answer

• The following slides are example questions using the layouts in the Quiz Show template. View them in slide show to see the answer animations.

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7

List the four business cycle phases.

ProsperityRecessionDepressionRecovery

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A.

B.

C.

D.

E.

8

What is a characteristic of Recovery?

Increased unemployment

Gross Domestic Product decreases

Inflationary period

A period of decreased prices (deflation)

Productivity decreases

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9

Describe and list the general economic activity indicators?

They are major influencers (measures) of a country’s economic performance

Gross Domestic ProductNational DebtEmployment

Rate of Inflation

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TRUE or FALSE?TRUE or FALSE?

10

Changes in GDP influences the business cycle.

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11

Which part of the business cycle is also referred to as the trough?

Depression

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