The Business Cycle Has Two Phases

question 132

Multiple Choice

The business cycle has two phases,

• A)recession and expansion.
• B)peak and trough.
• C)recession and trough.
• D)expansion and peak.
• E)expansion and trough.

---

Definitions:

Ideal Self

A component of the self-concept representing the attributes someone would like to possess, essentially an individual's personal goals and aspirations.

Real Self

A person's authentic sense of identity, based on genuine feelings, aspirations, and values, as opposed to roles and expectations imposed by society.

Humanistic Approach

A psychological perspective that emphasizes the study of the whole person and the uniqueness of each individual, focusing on personal growth, self-actualization, and free will.

Psychotherapists

Professionals who use psychological methods to help individuals overcome difficulties and achieve personal growth.