quiz 6

Question 1

what fiscal policy do republicans follow

Answer 1

trickle down

Question 2

what is trickle down economics

Answer 2

belief where if more money is revived by companies, it is assumed the company would reinvest the money into its business

Question 3

what economic beliefs do republicans have

Answer 3

• low taxes
• low regulations
• infrastructure

Question 4

what fiscal policy do democrats follow

Answer 4

bottoms up

Question 5

what is bottoms up economics

Answer 5

the focus should be on getting money to the working class so they can spend it

Question 6

what economic beliefs do democrats have?

Answer 6

• social programs
• education
• union support
• progressive income taxes
• infrastructure

Question 7

what are keynesian economics

Answer 7

process done during a recession

Question 8

step 1 of keynesian economics

Answer 8

• respond to recession by
  1) increase gov spending on social programs and infrastructure
  2) cut taxes

Question 9

step 2 of keynesian economics

Answer 9

respond to recovery by
1) reducing gov spending and paying off debt
2) raising taxes

Question 10

why or why not is step 2 of keynsian economics not liked?

Answer 10

it’s not favorable for both parties so it’s usually skipped

Question 11

what is a flat tax

Answer 11

same rate all the time for everyone
ex. sales tax

Question 12

progressive tax

Answer 12

tax that varies by relative income

Question 13

what is the only progressive tax

Answer 13

income tax

Question 14

what is political socialization

Answer 14

the process of forming a political opinion

Question 15

biggest influence on others political party:

Answer 15

family

Question 16

what are the types of potential bias polls

Answer 16

1) sample bias
2) selection bias
3) answer bias
4) question bias

Question 17

sample bias

Answer 17

randomly selected sample fails to properly represent demographics of larger populations

Question 18

selection bias

Answer 18

sample was selected in a way that was not truly random

Question 19

answe bias

Answer 19

respondent may not answer truthfully

Question 20

question bias

Answer 20

questions in the survey are written in a way that elicit inaccurate responses

Question 21

question bias examples

Answer 21

• leading question (sways answer)
• loaded question (forces a certain answer)
• fails to include all possible answers