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Match the Following Techniques with Their Descriptions

question 19

Multiple Choice

Match the following techniques with their descriptions
-Designed by Meichenbaum, this program involves steps of conceptualization,skills acquisition and application.


Definitions:

Opportunity Cost

The forgone benefit that would have been derived by an option not chosen.

Next-best Activity

The alternative that must be forgone to engage in a particular activity, representing the opportunity cost of that decision.

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs.

Business Cycle

The business cycle refers to the fluctuations in economic activity and growth that an economy experiences over time, marked by periods of expansion and contraction.

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