Based on research into voting behavior, which of the following is the most likely to vote in presidential elections?
a. Phyllis is a single woman with a bachelor’s degree who supports herself selling her crafts at art fairs.
b. Chris is a single man with a high school diploma and a job as a plumber’s assistant.
c. Carolyn is a married mother of two with a master’s degree and a job as a high school teacher.
d. Stuart is a married man with no children, who has a college degree but is unemployed.
c. Carolyn is a married mother of two with a master’s degree and a job as a high school teacher.
Research on voting behavior has shown that people who are more settled or more “connected” to society tend to vote more frequently. Married, employed, well-educated people with at least a middle-class level of income are the most likely to vote in a presidential election.
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To calculate the unemployment rate, which of the following are necessary pieces of information?
I. the number of unemployed persons II. the population III. the number of people in the labor force IV. the working age population A) I, II III and IV B) I and II C) I and III D) I and IV
The median voter theorem states that the outcome of a majority vote
A) tends to favor the preferences of high-income individuals and ignore the median voter. B) is determined by the average consumer and producer in an economy. C) is likely to represent the preferences of the voter who is in the political middle. D) is likely to represent the preferences of society's middle-income voter.
Which primary trade partner of India suffered setbacks that ultimately helped lead India to embark on economic reform?
A) The United Kingdom B) The United States C) The Soviet Union D) South Korea
Refer to Figure 4.1. All else equal, a decrease in the government's budget deficit will cause
A) a shift from S1 to S2. B) a shift from S2 to S1. C) a change in the interest rate from r2 to r1. D) a change in loanable funds from L2 to L1.