According to Buchanan and Wagner,why Is There a Political Bias

question 12

Multiple Choice

According to Buchanan and Wagner,why is there a political bias toward expansionary fiscal policy rather than contractionary fiscal policy?

• A) In a democracy,expansionary fiscal policy prescriptions are more politically popular than are the policy prescriptions associated with contractionary fiscal policy.
• B) In a democracy,contractionary fiscal policy prescriptions are more policitally popular than are the policy prescriptions associated with expansionary fiscal policy.
• C) They assert that empirical evidence has shown that Keynesian fiscal policy prescriptions have been successful at closing recessionary gaps,but not inflationary gaps.
• D) ​They assert that empirical evidence has shown that Keynesian fiscal policy prescriptions have been successful at closing inflationary gaps,but not recessioinary gaps.
• E) ​none of the above

---

Definitions:

Stimulants

Substances that increase alertness, attention, and energy by accelerating the activity of the central nervous system.

Narcotics

Substances that induce sleep, relieve pain, and can cause changes in consciousness, potentially leading to addiction.

Meditation

A practice of focused attention, mindfulness, or contemplation to achieve a mentally clear and emotionally calm state.

State of Consciousness

The level of awareness of oneself and the environment, which can range from alertness to sleep to altered states.