#1
Which phase of the economic cycle is characterized by low unemployment rates, increased consumer spending, and rising GDP?
1 answered
#2
What is the primary tool used by central banks to control the money supply and influence economic activity?
1 answered
#3
What is the term used to describe a sustained increase in the general price level of goods and services in an economy?
1 answered
#4
Which of the following is NOT a phase of the business cycle?
1 answered
#5
In economics, what does the term 'opportunity cost' refer to?
1 answered
#6
Which economic indicator measures the total value of all goods and services produced within a country's borders in a specific period?
#7
Which of the following is NOT a characteristic of a bear market?
#8
What is the term used to describe the phenomenon when inflation rises rapidly alongside high unemployment and stagnant economic growth?
#9
Which of the following indicators is typically considered a leading indicator of economic activity?
#10
In the context of financial markets, what does the term 'volatility' refer to?
#11
Which of the following is NOT a characteristic of a boom phase in the economic cycle?
#12
What term describes the situation where the prices of assets are rapidly increasing, often fueled by speculation?
#13
Which economic theory suggests that government intervention is necessary to stabilize economic fluctuations?
#14