The Political Business Cycle Involves the ________

question 81

Multiple Choice

The political business cycle involves the ________.

• A)expenditure of substantial funds by industry lobbyists to manipulate government regulation
• B)movement of individuals from government employment to positions within the industry they had previously participated in regulating
• C)use of expansionary fiscal policy just prior to elections
• D)election of government officials who are supportive of the government sector

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Definitions:

Ratio

A quantitative relationship between two numbers showing how many times one value contains or is contained within the other.

Continuous

Describes data or functions that are unbroken and consistent over a range, typically involving an infinite number of points.

Mean

The arithmetic average of a set of values or quantities, calculated by adding them together and dividing by the number of terms in the set.

Median

The middle value in a data set, which divides the data into two halves, or the value that has an equal number of data points above and below it.