37) The fact that taxation and government spending are part of the political process means that?

By admin ~ March 15th, 2010 @ 4:28 am

A) it is easier for Congress and the President to pursue an expansionary fiscal policy than a contractionary
B) politicians who campaign on a “no new taxes” platform find it easy to conduct contractionary policies.
C) government deficits tend to grow during economic expansions led by consumption and investment
D) Congress is vigilant against the political business cycle.
E) voters generally are willing to bear the burden of a contractionary policy because the policy must be
justified to them.
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