The Business Cycle

Question 1

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

Revolt · Accepted Answer

It can be harder to find a job during an economic depression.; People tend to make more money during an expansion.; Prices on gas and food will tend to increase during an expansion.

Question 2

Which point marks a peak? Which point marks a trough? Which point marks a recession? Which point marks a recovery?

Revolt · Accepted Answer

2; Selection 1: 2; Selection 2: 4; Selection 3: 3; Selection 4: 5

The Business Cycle Answers

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