4.1 The Business Cycle Answers

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How does the business cycle affect consumers? Check all that apply.

It can be harder to find a job during an economic depression.

Prices on food and clothing will tend to decrease during an expansion.

People tend to make more money during an expansion.

It can be easier to find a job during an economic depression.

Prices on gas and food will tend to increase during an expansion.

What did you include in your response? Check all that apply.

The owner should sell as many shoes as possible before prices drop during the recession.

The owner must plan for falling demand and consider ways to keep workers employed.

Which point marks a peak?

Answers:

Selection 1:2

Selection 2:4

Selection 3:3

Selection 4:5

123✔ 45

12✔ 345

1234✔ 5

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