The business cycle that results from the election campaign of incumbent politicians is called a:
A)monetary business cycle.
B)time consistent business cycle.
C)political business cycle.
D)real business cycle.
E)historical business cycle.

Question

Quizplus · Accepted Answer

The business cycle that results from the election campaign of incumbent politicians is called a political business cycle. This cycle occurs because incumbents may manipulate economic policies to manipulate the economy before elections to gain votes.

The Business Cycle That Results from the Election Campaign of Incumbent