Explore BrainMass
Share

Explore BrainMass

    How are presidential election outcomes related to economy

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    1. How are presidential election outcomes related to the performance of the economy?
    2. What are the major factors that have affected U.S. household consumption since the recession in 2001?

    © BrainMass Inc. brainmass.com October 10, 2019, 2:43 am ad1c9bdddf
    https://brainmass.com/economics/unemployment/presidential-election-outcomes-economy-390979

    Solution Preview

    1.
    Studies have shown that presidential election outcomes are definitely related to the performance of the economy. The winning presidential party retains the office of presidency while personal income grows at a faster, higher rate than the long-term rate. The incumbent presidential party will be voted out of office when income grows at a rate lower than ...

    Solution Summary

    This solution explains how presidential election outcomes are related to the performance of the economy and outlines some of the major factors that have affected U.S. household consumption since the recession in 2001.

    $2.19