Which of the Following Best Describes the Notion of a "Political

Multiple Choice

Which of the following best describes the notion of a "political business cycle"?

A) Politicians are more willing to cut taxes and increase government spending than they are to do the reverse.
B) Fiscal policy will result in alternating budget deficits and surpluses.
C) Politicians will use fiscal policy to cause output, real incomes, and employment to be rising prior to elections.
D) Despite good intentions, various timing lags will cause fiscal policy to reinforce the business cycle.