According to the theory of the political business cycle, the fed ...

[lunatika]

According to the theory of the political business cycle, the fed expands the money supply before presidential elections to stimulate the economy and favor the incumbent administration.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Inflation was a major problem in the United States during the early years of the Great Depression.
 a. True
  b. False
  Indicate whether the statement is true or false

[Kjones0604]

Answer to Question 1

True

Answer to Question 2

False

[lunatika]

Correct answers!

[Kjones0604]

Great! Please up vote