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
Correct Answer:
Verified
Q87: Which of the following is not a
Q124: Which of the following does not limit
Q141: Which of the following factors did not
Q142: On June 24,2009,President Obama signed into law
Q144: _ unemployment benefits _ the opportunity cost
Q145: Which of the following did classical economists
Q150: The Cash for Clunkers program was intended
Q153: Given the desire of politicians to get
Q154: Christopher Knittel,an economist at the University of
Q227: Some evidence suggests that
A)unemployment is more likely
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents