The political business cycle refers to the:
A) pattern of holding general elections every four or five years.
B) pattern of rising political donations during the run-up to each election.
C) manipulation of the economy to win elections.
D) pattern of recession and expansion that follows every election.

Question

Quizplus · Accepted Answer

The political business cycle refers to the manipulation of the economy, such as through boosting or slowing economic growth, in order to win elections. This can involve, for example, implementing expansionary policies in the years leading up to an election to boost popularity and then implementing contractionary policies after the election to address any resulting inflation or debt.

The Political Business Cycle Refers to The