Proponents of the Notion of a "Political Business Cycle" Suggest

Multiple Choice

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

A) the cyclically adjusted 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 trade-off among goals that tends to make the economic policies of state and local governments pro-cyclical.