Justin plans to attend a four-year college. he has
estimated the costs per year.
tuition = $2,900
other educational expenses = $280
housing and living expenses = $4,100
justin's counselor estimates he will receive $3,500 a
year in grants. he also will be eligible for a work-study
program that pays $2,800 per year. justin also plans to
save enough money to contribute $500 each year.
justin's plan doesn't cover his costs completely. what
are his options for covering the rest of his costs? select
all that apply.
he could try to save more money.
he could get a student loan for the extra amount he
needs.
he could apply for a scholarship.
he could ask his friends to loan him money.
he could ask his family to contribute.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.