To Gain Popularity, a Candidate Might Claim That All the Polls

question 26

Multiple Choice

To gain popularity, a candidate might claim that all the polls show that he or she is ahead in the race. People who want to support the winner may back this candidate despite their true feelings. This is often called the effect.

• A) "bandwagon"
• B) "house"
• C) "off the wagon"
• D) "band of brothers"
• E) "home run"

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Definitions:

Cost Index

An index that measures the change in the cost of a basket of goods or services over time, often used in business and economics to track inflation or deflation.

Inventory-Pool Method

A technique in accounting used to group similar inventories together to simplify valuation and cost calculations.

Dollar-Value LIFO

A variation of the last in, first out (LIFO) method that measures and adjusts inventory layers in terms of dollar value rather than physical count.