Which Statement Is Consistent with the Political Business Cycle Theory

question 102

Multiple Choice

Which statement is consistent with the political business cycle theory?

• A) The economy expands after the elections.
• B) The economy contracts after the elections.
• C) The economy expands before the elections.
• D) The economy contracts before the elections.

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Definitions:

Operant Conditioning

A learning process in which the strength of a behavior is modified by the behavior's consequences, such as reward or punishment.

Premack Principle

A principle in psychology which states that more probable behaviors will reinforce less probable behaviors.

Chaining

A behavioral technique involving linking together discrete behaviors to form a complex behavior sequence.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, through which an association is made between a behavior and a consequence for that behavior.