The four phases of a business cycle, in order, are trough, depression, peak, and expansion.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Which of the following is an example of an individual motivated by self-interest?
a. a student volunteering at a soup kitchen
b. an attorney providing free legal service to low income families
c. a man buying a new Camaro
d. all of the above
