The Business Cycle That Results from the Election Campaign of Incumbent

question 47

Multiple Choice

The business cycle that results from the election campaign of incumbent politicians is called a:

• A)monetary business cycle.
• B)time consistent business cycle.
• C)political business cycle.
• D)real business cycle.
• E)historical business cycle.

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Definitions:

Ethnocentric

The belief in the inherent superiority of one's own ethnic group or culture over others.

Repatriation

The process of preparing expatriates to return home from a foreign assignment.

Culture Shock

Culture shock describes the feelings of confusion, disorientation, or anxiety that one may experience when exposed to a significantly different cultural environment.

Global Markets

The international exchange of goods and services, encompassing the interconnected economies of countries worldwide.