Proponents of the notion of a ""political business cycle"" suggest that:
a. there is c...
Social Studies, 25.12.2019 04:31 black4sureg
Proponents of the notion of a ""political business cycle"" suggest that:
a. there is constant political trading among policymakers that tends to make the economic policies of state and local governments procyclical
b. the standardized budget is a better indicator of the state of the economy than the actual budget, for political reasons.
c. a possible cause of economic fluctuations is the use of fiscal policy by policymakers for political purposes and goals.
d. cyclical swings in the economy are produced by the inherent political instability found in capitalist economies.
Answers: 1
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