The political business cycle refers to __________. - 9079

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The political business cycle refers to __________. 

A. the potential for a central bank to increase the money supply and therefore real GDP to help the incumbent get re-elected

B. changes in output created by the monetary rule the Fed must follow

C. the fact that about every four years some politician advocates greater government control of the Fed

D. the part of the business cycle caused by the reluctance of politicians to smooth the business cycle

 
Solution Description

The political business cycle refers to __________.