U4

Question 1

rule of law

Answer 1

every person must follow the same laws

Question 2

political socialization

Answer 2

our response to issues affect how we view the gov

Question 3

political ideology

Answer 3

set of beliefs about gov and politics

Question 4

partisanship

Answer 4

sharp contrasts from opposing parties to create clear distinctions

Question 5

fiscal policy

Answer 5

gov spending and taxes

Question 6

monetary policy

Answer 6

control of money supply by raising/lowering interest rates

Question 7

GDP

Answer 7

total output of the economy

Question 8

during expansion

Answer 8

GDP rises, unemployment declines, inflation rises

Question 9

during contraction

Answer 9

GDP declines, unemployment rises, inflation declines

Question 10

keynesian policy

Answer 10

gov has a positive effect on economy

Question 11

supply-side theory

Answer 11

lowering taxes has a positive effect on economy

Question 12

easy money

Answer 12

people borrow money more because the cost of borrowing is lower

Question 13

hard money

Answer 13

people borrow money less because the cost of borrowing is higher

Question 14

sample surveying

Answer 14

subgroup of individuals from a larger population

Question 15

random selection

Answer 15

respondents must have an equal chance of being selected

Question 16

weighting

Answer 16

adjust survey results according to demographic makeup of a larger population

Question 17

sampling

Answer 17

a calculated estimate of how accurate the poll is, sampling error of +/- 3%

Question 18

opinion poll

Answer 18

measures public opinion

Question 19

benchmark poll

Answer 19

taken at begining of campaign to establish base level of support

Question 20

tracking poll

Answer 20

track level of support over the time of a campaign

Question 21

exit poll

Answer 21

taken following voting, shows who is voting and why, helps determine the outcome of an election

Question 22

free enterprise

Answer 22

gov involvement in the economy should be limited

Question 23

globalization

Answer 23

increasing interconnectedness of people, businesses, and countries

Question 24

Laissez-faire

Answer 24

state and federal government have minimal influence on the economy