#1
Which of the following is a characteristic of an economic crisis?
Stable inflation rates
Rapid GDP growth
High unemployment rates
Increased consumer spending
#2
What is the term used to describe a prolonged period of economic decline?
Economic boom
Recession
Market equilibrium
Fiscal policy
#3
What is the term for a situation where the prices of assets or securities are expected to continue falling?
Bull market
Bear market
Market bubble
Stagflation
#4
What is the term for a situation where there is a general decline in economic activity for two consecutive quarters?
Inflation
Depression
Deflation
Recession
#5
Which of the following is a potential consequence of an economic crisis?
Decreased income inequality
Rising unemployment rates
Stable financial markets
Increased consumer confidence
#6
During an economic crisis, what is likely to happen to the stock market?
Stable growth
Volatility increases
Decrease in trading volume
Consistent upward trend
#7
Which factor could contribute to triggering an economic crisis?
Decrease in income inequality
Stable housing market
Financial deregulation
Increased government spending
#8
What is a characteristic of a currency crisis?
Stable exchange rates
Increased foreign investment
Sudden depreciation of the domestic currency
High government budget surplus
#9
During an economic downturn, what is a common government policy response?
Decreasing taxes
Reducing public spending
Raising interest rates
Increasing inflation
#10
During an economic crisis, which sector of the economy is often hit the hardest?
Technology
Manufacturing
Healthcare
Real estate
#11
What is the name for the phenomenon where investors panic and withdraw their assets from financial institutions?
Market equilibrium
Liquidity crisis
Inflationary spiral
Monetary policy
#12
What role do central banks typically play during an economic crisis?
Encouraging excessive lending
Raising interest rates
Implementing expansionary monetary policies
Decreasing reserve requirements
#13
Which economic indicator is often used to determine the severity of an economic crisis?
Consumer confidence index
Stock market volatility
Gross domestic product (GDP)
Government debt ratio
#14
What is the primary goal of fiscal policy during an economic crisis?
Stimulate economic growth
Increase government debt
Reduce consumer spending
Decrease tax revenue
#15
Which of the following is NOT a typical response of central banks during an economic crisis?
Lowering interest rates
Injecting liquidity into the financial system
Raising reserve requirements
Implementing quantitative easing