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Political Business Cycles Are So Called Because

Question 223

Multiple Choice

Political business cycles are so called because


A) Congress recognizes them officially through legislative action every four years
B) they historically recur every ten years
C) they are the result of partisan in-fighting in Congress
D) they prevent an incumbent political party from gaining re-election
E) they result when politicians use discretionary fiscal policy to increase output and employment in order to gain re-election

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