macro economics

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Title: macro economics

Essay Details:

Subject: Social Issues

Author: Karen R

Date: April 1, 2012

Level: University

Grade: A

Length: 10 / 2985

Essay text:

Does the possibility of losing an election affect how administration reacts to a recession? This paper shows that out of the last seven business cycles, during the last five politics does not seem to be an issue when administrations consider what needs to be done to boost the economy. Though Kennedy and Nixon both tried to use fiscal policy to further their own position and ensure reelection, the administration of late have understood that the economy is not a reelection tool and that what ever need to be done to bring us out of a recession is necessary, even if it means they may risk not getting reelected...

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