The Concept of a "Political Business Cycle" Implies a Misuse

question 49

True/False

The concept of a "political business cycle" implies a misuse of fiscal policy making it a source of
economic instability.

---

Definitions:

Board of Directors

A group of individuals elected by the shareholders of a corporation to oversee and make decisions regarding the company's direction and policies.

General Operation

Encompasses the day-to-day activities required for a business or organization to function efficiently.