During a Recession, the Political Incentive Structure Will Encourage Politicians

question 172

Multiple Choice

During a recession, the political incentive structure will encourage politicians to

• A) undertake sound economic policies that are consistent with stability and growth.
• B) adopt any policies, even bad ones, that give the appearance of taking action.
• C) undertake policies that promote long-term economic growth rather than short-term benefits.
• D) do nothing and let the recession run its course.

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Definitions:

Consuming

The act of using up or eating something; in economics, it refers to the purchase and use of goods and services by households.

Genus

In biology and taxonomy, genus refers to a rank used in the classification of organisms, grouping together species that share common characteristics.

Consumable

An item intended to be used up and then replaced, often relating to goods that are eaten, drunk, or expended through use.

Compound

A substance formed from two or more elements chemically united in fixed proportions, or a term used to describe a complex sentence formed from two or more independent clauses.