Which of the Following Best Describes the Idea of a Political

question 18

Multiple Choice

Which of the following best describes the idea of a political business cycle?

• A) Politicians have a bias to cut taxes and increase government spending.
• B) Special interests result in alternating federal deficits.
• C) Politicians will use fiscal and monetary policy to cause output, real incomes, and employment to be rising prior to elections.
• D) Good intentions of politicians influence the business cycle.

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