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Business Cycle Flashcards | StudBud
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Business Cycle
Business Cycle
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Questions
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1
Nashville is continuing to build new businesses, hotels, and condos
Recovery
Depression
Recession
Prosperity
2
There is extreme negative GDP growth for the first time in 75 years in the United States
Depression
Recovery
Prosperity
Recession
3
Businesses are starting to reduce their level of production
Prosperity
Depression
Recession
Recovery
4
The national unemployment rate has been on the rise for two straight years
Recession
Prosperity
Recovery
Depression
5
It is hard for most families to even purchase basic needs such as food and paying rent
Prosperity
Recession
Depression
Recovery
6
Millions of people are forced into unemployment and hundreds of thousands are now homeless
Prosperity
Recession
Depression
Recovery
7
Your brother says his business has not been able to use all of their resources for the past yr.
Recovery
Depression
Recession
Prosperity
8
Your mom & dad have been paying you $20 for every A on your report card for the past 5 years
Prosperity
Recovery
Recession
Depression
9
The stock market is at the highest point it has ever been, indicating businesses are thriving
Depression
Prosperity
Recession
Recovery
10
Your family purchases Titans tickets again, after having not been able to for 3 straight years
Recession
Prosperity
Depression
Recovery
11
Your grandma gave you $20 because businesses are starting to hire again, and she is now working
Prosperity
Depression
Recovery
Recession
12
The teachers at Hillwood all received a raise b/c Nashville was able to raise extra revenue
Prosperity
Recovery
Depression
Recession
13
The unemployment level in the state of Tennessee is very low—2.5%
Depression
Prosperity
Recession
Recovery
14
The govt. has to borrow money to increase spending in an attempt to get the economy going again
Recovery
Recession
Depression
Prosperity
15
Business and consumer confidence is falling; as a result most are starting to invest less money
Recession
Prosperity
Depression
Recovery
16
Your aunt just bought you some brand new Jordan shoes unexpectedly because she got a raise
Prosperity
Recession
Depression
Recovery
17
At 14 years old, you just went on your first ever vacation to Hawaii with your family!
Recovery
Recession
Prosperity
Depression
18
Across the street, businesses are closing down because they are not able to make money anymore
Recession
Recovery
Prosperity
Depression
19
Your mom and dad are able to invest extra money in the stock market
Recession
Prosperity
Recovery
Depression