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

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Presentation transcript:

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

2 Business Cycle Model

3 Copyright © Texas Education Agency, 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 Copyright © Texas Education Agency, All rights reserved.

5

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, All rights reserved.

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

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, All rights reserved.

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

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

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