Cycles, growth and jobs trivia

20 Cycles, growth and jobs trivia questions, no sign-in. Review your misses in the LoreUp app.

• What do we call the movement in which the economy improves and worsens in turn?Cycles, growth and jobs
• What do we call a period of brisk production and consumption in which jobs also increase?Cycles, growth and jobs
• Which lists the four phases of the business cycle in the right order?Cycles, growth and jobs
• The business cycle is commonly divided into recovery, boom, contraction, and slump.Cycles, growth and jobs
• Which measure shows how much real GDP has grown against the previous year?Cycles, growth and jobs
• What do we call the share of people who want to work but cannot find a job?Cycles, growth and jobs
• Which measure sums the income earned by a country's nationals, counted by nationality?Cycles, growth and jobs
• What does a high unemployment rate generally mean?Cycles, growth and jobs
• What does GDP mean?Cycles, growth and jobs
• What commonly appears when the economy worsens?Cycles, growth and jobs
• Which measure sums the value of goods and services newly made within a country over a set period?Cycles, growth and jobs
• Nominal GDP does not reflect changes in prices.Cycles, growth and jobs
• Gross domestic product (GDP) is the sum of the value of goods and services newly made within a country over a set period.Cycles, growth and jobs
• Gross domestic product (GDP) includes all the income a country's nationals earn abroad.Cycles, growth and jobs
• The unemployment rate means the share of the whole population that is not working.Cycles, growth and jobs
• GDP includes goods only and leaves services out.Cycles, growth and jobs
• The economy improves and worsens in turn, and this is called the business cycle.Cycles, growth and jobs
• A period of brisk production and consumption in a strong economy is called a boom.Cycles, growth and jobs
• Once a boom begins, the economy only keeps getting better.Cycles, growth and jobs
• When the economy worsens, jobs generally increase all the more.Cycles, growth and jobs