Multiple Choice
Recall the Application about Fed Chairman Ben Bernanke's views on how to fight a liquidity trap to answer the following question(s) .
-The classic political business cycle would have a politician following
A) expansionary policies before an election, and contractionary policies after the election.
B) contractionary policies before an election, and expansionary policies after the election.
C) expansionary policies before and after an election.
D) contractionary policies before and after an election.
Correct Answer:

Verified
Correct Answer:
Verified
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