These are all True/False Questions

1.Troughs in the business cycle identify points at which economic activity begins to decline.

2 Economic expansion is reflected in the business cycle as the period between a trough and a peak.

3. A major cause of the business cycle is thought to be changes in business spending on capital investments and consumer spending on durable goods.

4 During a recessionary period, plant capacity is fully utilized.

5. An increase in unemployment claims over several months is likely to indicate a recessionary period.

6. An increase in unemployment claims over several months is likely to indicate a recessionary period.

7. An increase in unemployment claims over several months is likely to indicate a recessionary period.

8. An increase in unemployment claims over several months is likely to indicate a recessionary period.

9. An increase in unemployment claims over several months is likely to indicate a recessionary period.

10. An increase in unemployment claims over several months is likely to indicate a recessionary period.

11. An increase in unemployment claims over several months is likely to indicate a recessionary period.