TK № 5. Unit 5. Economic Cycles.

Froggy Jumps

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This current control will be given for the 1st year students of Finance credit specialties to check their comprehension for Unit 5.

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Gulbara

Kyrgyzstan

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TK № 5. Unit 5. Economic Cycles.


Froggy Jumps TK № 5. Unit 5. Economic Cycles.Version en ligne This current control will be given for the 1st year students of Finance credit specialties to check their comprehension for Unit 5. par Gulbara 1 A "boom" in the economic cycle is characterized by: a High unemployment and low spending b Rapid economic growth and high consumer spending c A total collapse of the banking system 2 A "recession" is typically defined as a period of negative growth lasting at least: a One month b Six months (two consecutive quarters) c Five years 3 What happens during a "recovery" phase? a Economic activity begins to increase again after a slump b All businesses go bankrupt c The government stops collecting taxes 4 A "slump" or "depression" refers to: a A short period of very high growth b A holiday period for banks c A long and severe period of low economic activity and high unemployment 5 An "upturn" is a synonym for a A decrease in GDP b A stock market crash c The beginning of an improvement in the economy 6 When an economy "contracts," it: a Gets larger b Becomes smaller in size or output c Stays exactly the same d) Hires more people 7 During a recession, what typically happens to "consumer spending"? a It increases dramatically b It stays the same c It reduces as people save more and spend less 8 To "recruit" staff means to: a Fire employees to save money b Find and hire new people to join a company c Train existing staff on new software 9 If a company "goes bankrupt," it: a Opens a new branch b Is unable to pay its debts and must close c Receives a large investment from the bank 10 What does "capacity" mean in a manufacturing context? a The number of employees in the HR department b The price of the final product c The maximum amount that a factory or economy can produce 11 To "stimulate" the economy, a government might: a Increase taxes significantly b Lower interest rates to encourage spending and investment c Close all international borders 12 A "buoyant" market is one that is: a Crashing b Successful and stays at a high level c Only focused on agriculture 13 If the economy is "sluggish," it is: a Moving slowly and lacking energy b Growing at a record pace c Completely frozen 14 What is "infrastructure"? a The internal hierarchy of a small company b A type of computer virus c Basic systems like transport, water, and power that an economy needs to function 15 When an economy "overheats," it usually means: a The weather is too hot for workers b There is no electricity c Demand grows too fast, leading to high inflation 16 According to the text, "small talk" in a meeting is: a Forbidden in all cultures b Informal conversation used to create a friendly atmosphere c A discussion about complex financial statistics 17 The "chairperson" of a meeting is the person who: a Sits on the most expensive chair b Is in charge of the meeting and directs the discussion c Takes the minutes (notes) 18 To "interrupt" someone in a meeting means to: a Speak while the other person is still talking b Listen carefully to them c Agree with everything they say 19 In many business cultures, arriving "on time" for a meeting means: a Arriving at or slightly before the scheduled start time b Arriving only when the chairperson calls you c 19.Coming the next day 20 What are "gestures" in a professional context? a Movements of the hands or face to express meaning b Types of financial software c Formal business suits 21 To "suffer" during a recession means to: a Make a lot of profit b Experience something bad or unpleasant (like financial loss) c Buy a new company 22 If a market "crashes," it: a Grows steadily b Fails suddenly and deeply c Stays stable for years 23 To "cool" an economy means to: a Make it snow b Reduce the speed of growth to prevent inflation c Increase consumer spending 24 Which of these is a way to "disagree" politely? a "You are wrong." b "I'm afraid I don't quite agree with that." c "I don't care." 25 Which phrase is used to "interrupt" politely? a "Stop talking now." b "Can I just come in here?" c "I am the boss." 26 To "socialize" after a meeting means to: a Continue working on reports b Spend time with colleagues in a friendly way (e.g., going for a coffee) c Call a customer to complain 27 "Experience" in a job sense refers to: a The number of children you have b The knowledge and skills gained from doing a job over time c Your future plans for retirement 28 A "downturn" leads to: a More jobs b Less economic activity c Higher prices 29 What is a "quarter" in financial reporting? a A period of three months b Half of a year c One week of work 30 Why do economies move in "cycles"? a Because the weather changes b Because banks close on weekends c Because of changes in spending, investment, and government policy

TK № 5. Unit 5. Economic Cycles.

Froggy Jumps

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TK № 5. Unit 5. Economic Cycles.Version en ligne

par Gulbara

A "boom" in the economic cycle is characterized by:

A "recession" is typically defined as a period of negative growth lasting at least:

What happens during a "recovery" phase?

A "slump" or "depression" refers to:

An "upturn" is a synonym for

When an economy "contracts," it:

During a recession, what typically happens to "consumer spending"?

To "recruit" staff means to:

If a company "goes bankrupt," it:

What does "capacity" mean in a manufacturing context?

To "stimulate" the economy, a government might:

A "buoyant" market is one that is:

If the economy is "sluggish," it is:

What is "infrastructure"?

When an economy "overheats," it usually means:

According to the text, "small talk" in a meeting is:

The "chairperson" of a meeting is the person who:

To "interrupt" someone in a meeting means to:

In many business cultures, arriving "on time" for a meeting means:

What are "gestures" in a professional context?

To "suffer" during a recession means to:

If a market "crashes," it:

To "cool" an economy means to:

Which of these is a way to "disagree" politely?

Which phrase is used to "interrupt" politely?

To "socialize" after a meeting means to:

"Experience" in a job sense refers to:

A "downturn" leads to:

What is a "quarter" in financial reporting?

Why do economies move in "cycles"?