The table below shows the percentage difference between real and potential GDP and the rate of inflation for the years 1999 through 2003. If there were a presidential election in the year 2000, would these data support the view that there was a political business cycle during this period? 
Definitions:
Finished Goods Inventories
Products that have completed the manufacturing process but have not yet been sold or distributed to customers.
Work In Progress
Inventory that includes goods in the process of being manufactured but not yet completed.
Production Costs
Expenses directly incurred in the manufacturing of products, including materials, labor, and overhead costs.
Financial Statements
Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, statement of cash flows, and statement of shareholders' equity.
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