According to the theory of political business cycles,
A) challengers are more likely to be elected when the economy is experiencing a business cycle
B) incumbent presidents try to engineer cycles in political behavior
C) incumbent presidents may use expansionary monetary policies to stimulate the economy during election years
D) Republicans are more likely to use expansionary economic policies than are Democrats
E) incumbent presidents may use expansionary fiscal policies to stimulate the economy during election years
Correct Answer:
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A)George
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