Which of the following statements is true about the United States over the past fifty years?
A)there is no evidence of political business cycles in the United States
B)the debt-to-GDP ratio has been roughly constant
C)under either party,output growth has been generally higher in the year preceding an election than in other years
D)none of the above

Question

Quizplus · Accepted Answer

Historically, there has been evidence of political business cycles in the United States, where economic growth tends to be higher in the year preceding an election, often due to expansionary fiscal or monetary policies.

Which of the Following Statements Is True About the United