If Citizens Vote on the Basis of Both Low Inflation

question 41

Multiple Choice

If citizens vote on the basis of both low inflation and low unemployment at the time of the election, then presidents might, in order to ensure their reelection:

• A) spur inflation soon after their elections, and then cause a recession.
• B) stimulate the economy throughout their terms.
• C) cause a recession soon after their election, and then stimulate the economy.
• D) run a tight monetary and fiscal policy throughout their terms.

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Definitions:

Adjectives

Words that describe or modify another person or thing in the sentence, often used to convey characteristics or qualities.

Effortful Processing

A type of information processing that requires conscious effort and attention, as opposed to automatic processing which requires little to no conscious effort.

Long-Term Retention

The ability to maintain and recall information over extended periods of time, beyond short-term memory.

Working Memory

A cognitive system that holds and processes limited amounts of information in mind in an active, easily accessible state for short periods.