Question
The political business cycle presumes that elected officials will a. resort to economic policies that will ensure re-election. b. make unrealistic promises on future economic
The political business cycle presumes that elected officials will
a.
resort to economic policies that will ensure re-election.
b.
make unrealistic promises on future economic outcomes during election years.
c.
lower budget deficits during election years.
d.
go to great lengths to hide unfavorable economic realities during election years.
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Using Econometrics A Practical Guide
Authors: A. H. Studenmund
7th edition
013418274X, 978-0134182742
