Polls
This type of poll is taken at the beginning of a political campaign to gauge support for a candidate and determine which issue are important to voters.
A benchmark poll.
Economists who prefer this theory favor an active government during economic downturns.
Keynesian theory
This is the name of the central bank of the United States
The Federal Reserve System, a.k.a. The Federal Reserve, or just "The Fed"
What do Republicans think of the ACA?
They hate it.
"The ingredients that constitute energy in the executive are unity; duration; an adequate provision for its support; and competent powers."
Fed 70
Where are "exit polls" taken?
Outside of a polling place (i.e., where people vote)
Economists who dislike government regulation are more like to favor this economic theory.
Supply-Side theory
Describe monetary policy
Monetary policy is a set of economic policy tools designed to regulate the amount of money in the economy
What do Libertarians think of federal drug laws.
Libertarians believe federal drug laws encroach on individual liberty.
"But the most common and durable sources of factions has been the various and unequal distribution of property."
Fed 10
These types of polls might re-use the same questions over a period of time.
Tracking polls
Economists who favor this theory believe that the federal government should step-in and stimulate demand by spending tax dollars, even if it produces deficit spending.
Keynesian theory
This happens if the Federal Reserve introduces too much money into the economy, producing too much money for too few goods.
Inflation
What do Democrats think of school choice and school vouchers.
"But the great security against a gradual concentration of the several powers in the same department , consists in giving to those who administer each department, the necessary constitutional means, and personal motives, to resist encroachments of the others."
Fed 51
A mass survey is designed to measure the opinions of an entire population. How few responses are required to generate a good representative sample?
As few as 1500
Economics who favor this theory believe the best way to stimulate the an economy in recession is to lower taxes, which will enable businesses to invest more money in labor (raising wages and employment) and in capital improvements.
Supply side theory
Name one of the three primary tools used by the Federal Reserve to regulate the amount of money in the economy.
1. Treasury securities, 2. Reserve rates, and 3. Rates charged to banks that wish to borrow money.
What do Libertarians think of the government's playing an active role in protecting private property and individual liberty.
They love it! This is what libertarians view as the primary role of government.
"The answer lies in the fact that there are two types of laws: just and unjust laws."
LFBJ
What two methods can be used to shape questions in order to produce desired results to surveys and polls?
Question Order (sequencing) and Question Wording (phrasing)
This president is associated with supply side theory
Ronald Reagan
Describe fiscal policy
Government use of taxes and spending to attempt to lower unemployment, increase economic growth, and stabilize the economy.
What do Democrats think of regulation of businesses.
"The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people."
Amendment IX (or Ninth Amendment)