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Roar Roar
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6 years ago
In the United States, presidential elections occur every four years. If a political business cycle exists in the United States, in which year of a presidential term, all else fixed, would we expect output growth to be lowest?
A) the first or second year
B) the second or third year
C) the third or fourth year
D) the fourth year
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
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vonCOLLINZOvonCOLLINZO
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6 years ago
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