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28 Nov 2020
The political business cycle refers to the possibility that:
A. incumbent politicians will be reelected regardless of the state of the economy.
B. politicians will manipulate the economy to enhance their chances of being reelected.
C. There is more inflation during Democratic administrations than during Republican administrations.
D. recessions coincide with election years.
The political business cycle refers to the possibility that:
A. incumbent politicians will be reelected regardless of the state of the economy.
B. politicians will manipulate the economy to enhance their chances of being reelected.
C. There is more inflation during Democratic administrations than during Republican administrations.
D. recessions coincide with election years.
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Kristelle BalandoLv10
3 Jan 2021