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Business, 20.08.2019 00:10 chiquita77

Proponents of the notion of a "political business cycle" suggest that: 
a. the standardized budget is a better indicator of the state of the economy than the actual budget
b. cyclical swings in the economy are produced by the inherent instability found in capitalist economies
c. a possible cause of economic fluctuations is due to the use of fiscal policy for political purposes
d. there is a tradeoff among goals that tends to make the economic policies of state and local governments procyclical

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Proponents of the notion of a "political business cycle" suggest that: 
a. the standardized budget...
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