Political business cycles consist of fluctuations caused by
A) misguided foreign policies designed to increase political pressure over our trade partners
B) economic policies designed to help win elections
C) the Fed trying to support every policy proposed by the president
D) our trade partners trying to react to changes in U.S. policies
E) the inability of politicians to agree on the right policy mix
Correct Answer:
Verified
Q40: In the AD-AS model with an upward-sloping
Q41: The misery index for the United States
A)increased
Q42: Predictions based on the theory of political
Q43: The sacrifice ratio is defined as
A)the percentage
Q44: Which of the following event(s) most likely
Q45: If we look at the sacrifice ratios
Q47: Okun's law states that one extra percentage
Q48: In the long run, what event(s) can
Q49: A change in the misery index
A)may indicate
Q50: The misery index is constructed by
A)adding the
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