Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) The 1992 presidential election is an example of a political business cycle.
B) The 1980 presidential election is a classic example of a political business cycle.
C) The political business cycle has occurred regularly over the past 20 years.
D) Based on presidential elections in 1980 and 1992, there is no longer strong evidence supporting the existence of a political business cycle.
E) Since 1950, there has not been any evidence of a political business cycle.