1. Question and Answer Samples and Techniques Copyright © Texas Education Agency, 2011. All rights reserved.

2. 2 Business Cycle Model http://myplanetwealthblog.com/wp-content/uploads/2009/01/business-cycle.jpg

3. 3 Copyright © Texas Education Agency, 2011. All rights reserved. Prosperity  Low unemployment  Production is high  New businesses open Recovery  People go back to work  Production starts increasing  Spending increases Recession  Spending decreases  Unemployment rate increases Depression  Low productivity  High unemployment The Business Cycle

4. 4 Copyright © Texas Education Agency, 2011. All rights reserved.

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6. 6 The following slides are example questions using the layouts in the Quiz Show template. View them in slide show to see the answer animations. Copyright © Texas Education Agency, 2011. All rights reserved.

7. 7 List the four business cycle phases. Copyright © Texas Education Agency, 2011. All rights reserved.

8. 8 What is a characteristic of Recovery? Increased unemployment Gross Domestic Product decreases Inflationary period A period of decreased prices (deflation) Productivity decreases Copyright © Texas Education Agency, 2011. All rights reserved.

9. 9 Describe and list the general economic activity indicators? Gross Domestic Product National Debt Employment Rate of Inflation Copyright © Texas Education Agency, 2011. All rights reserved.

10. TRUE or FALSE? 10 Changes in GDP influences the business cycle. Copyright © Texas Education Agency, 2011. All rights reserved.

11. 11 Which part of the business cycle is also referred to as the trough? Copyright © Texas Education Agency, 2011. All rights reserved.