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The current president is seeking reelection and encourages expansionary fiscal and monetary policies despite inflation rising over the last few years.

In your opinion, is this ethical behavior?

A. No, too much spending may drive inflation to unacceptable levels, meaning a long-term sacrifice for a short-term gain.
B. Yes, the president has the power to do so as long as his actions remain legal.
C. No, manipulating the economy for votes is playing with people's livelihoods.
D. It depends on exactly how high current inflation is.


Sagot :

Final answer:

Expansionary fiscal and monetary policies for reelection can pose ethical concerns and have long-term impacts on the economy.


Explanation:

Expansionary fiscal and monetary policies implemented by a president seeking reelection may inflate the economy in the short term, potentially leading to long-term consequences. This behavior, known as the political business cycle, can have ethical implications as it involves manipulating the economy for votes.


Learn more about Economic Policies here:

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