An economy recovering from a recession A) moves up from its ...

[swpotter12]

An economy recovering from a recession
 
  A) moves up from its trough to a period of expansion.
  B) moves up from its peak to a period of expansion.
  C) moves down from its trough to a period of depression.
  D) moves down from its peak to a period of expansion.

Question 2

The opportunity cost of any action is
 
  A) all the possible alternatives given up.
  B) the highest-valued alternative given up.
  C) the benefit from the action minus the cost of the action.
  D) the dollars the action cost.

[xthemafja]

Answer to Question 1

A

Answer to Question 2

B

[swpotter12]

YES! Correct, THANKS for helping me on my review

[bigcheese9]

Thanks for the timely response, appreciate it