Proponents of the Notion of a "Political Business Cycle" Suggest

question 104

Multiple Choice

Proponents of the notion of a "political business cycle" suggest that

• A)the standardized budget is a better indicator of the state of the economy than the actual budget, for political reasons.
• B)cyclical swings in the economy are produced by the inherent political instability found in capitalist economies.
• C)a possible cause of economic fluctuations is the use of fiscal policy by policymakers for political purposes and goals.
• D)there is constant political trading among policymakers that tends to make the economic policies of state and local governments procyclical.

Discuss the factors contributing to resistance to change in organizations and strategies to promote resilience.

Understand the concept of the person-in-situation schema and its significance in organizing knowledge about events.

Recognize how personal perceptions can vary despite exposure to the same information.

Comprehend the impact of novelty, context, and individual differences on perception.

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Definitions:

Consequences

The outcomes or results that follow from actions or conditions, often used in the context of discussing the effects of a particular event or decision.

Identical Twins

Twins that result from a single fertilized egg dividing and developing into two individuals with almost entirely the same genetic makeup.

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm cells, making them genetically unique from each other.

Adopted Children

Adopted children are those who have been legally taken into a family different from their birth parents, and raised as a member of that family.