The political business cycle refers to the phenomenon that just before elections, politicians enact policies. after the elections, the bad effects of these policies (for example, ) have to be counteracted with policies. expansionary; higher unemployment; contractionary contractionary; a higher inflation rate; expansionary contractionary; higher unemployment; expansionary expansionary; a higher inflation rate; contractionary

The political business cycle refers to the phenomenon that just before elections, politicians enact expansionary policies. After the elections, the bad effects of these policies (for example, a higher inflation rate) have to be counteracted with contractionary policies.

Explanation:

Elections are won or loss depending on how the country's economy is doing, all the talk about policies, environment, health care, education, is just non-sense when you are at a voting booth.

When Bill Clinton was running against Bush father he wanted to focus his campaign on things he considered important issues, e.g. health care, education, environment, etc., and wasn't doing very well in the polls until his economic adviser hung a sign that read "It's the economy STUPID", and he started to change the focus of his campaign.

Just after the last presidential election CNN posted an article about a Muslim Hindu woman (who also has very dark skin) that voted for Donald Trump because she was having problems with her health premium. She is or was a CNN independent collaborator and she admitted that Trump represented everything she hated and she probably represented everything Trump hated, but she couldn't ignore her personal finances when voting.

That is a phenomenon that happens all around the world, every single Russian knows Putin is a corrupt mobster, in Argentina a former President who ran again won the election (as vice-president this time) while facing 13 different jail orders for corruption charges, and lately we have Johnson who is a wife-beater in the UK, and the list covers the whole world.

Presidents in office need a growing economy and they need it right before an election.

answer: life insurance

explanation:

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.