What does the evidence from 60 years of U.S. data show regarding the growth rate in personal income in each quarter of a president's term in office?
A) The growth rate holds steady at approximately 1.8 percent.
B) The growth rate increases in the quarters just after election.
C) The growth rate decreases in the quarters just before election.
D) The growth rate increases in the quarters just before election.

Question

Quizplus · Accepted Answer

The evidence shows that the growth rate in personal income increases in the quarters just before election, suggesting that presidents may attempt to boost economic growth to improve their chances of reelection.

What Does the Evidence from 60 Years of U