Meaning of political business cycle

 

 

 

Political business cycle

 

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Meaning and definition of political business cycle

 

The alleged tendency of Congress to destabilize the economy by reducing taxes and increasing government expenditures before elections and to raise taxes and lower expenditures after elections.

 

For the term political business cycle may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.

 

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Meaning and definition of political business cycle
Political business cycle