Evidence of a politics-influenced component to the business cycle has led some economist to think that Democrats and Republican have different macroeconomic objectives; namely that

Question

Quizplus · Accepted Answer

The correct answer is D because it reflects the general economic policy stance traditionally associated with Republicans, who typically prioritize fighting inflation even if it means higher unemployment rates, contrasting with Democrats who often focus more on reducing unemployment.

Evidence of a Politics-Influenced Component to the Business Cycle Has