The table shows the percentage difference between real and potential GDP and the rate of inflation for the years 2006 through 2015. If there was a presidential election in the year 2007, would these data support the view that there was a political business cycle during this period?
Definitions:
Cycle Time
The total time from the beginning to the end of a process, including both processing and waiting times.
Daily Operating Time
The total time per day during which a business or system is operational and open for business.
Cycle Time
The total time from the beginning to the end of a process, indicating the time taken to complete a single cycle of an operation.
Operating Time
The total time during which a machine, system, or facility is functioning and available for use.
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