Issue Ownership Refers to Which of the Following

question 4

Multiple Choice

Issue ownership refers to which of the following?

• A) the credibility a candidate derives from constantly attacking his/her opponent on a particular issue
• B) the reputation an incumbent gains for being able to handle an issue when he/she proposes a policy in that arena
• C) the perception that a candidate owns an issue when his/her voting and/or veto record on it is consistent
• D) the advantage a party holds in relation to its reputation for being able to handle a particular issue

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Definitions:

Ideal Cost-Of-Living Index

Cost of attaining a given level of utility at current prices relative to the cost of attaining the same utility at base-year prices.

Paasche Index

An economic measure that calculates the change in the cost of purchasing a specified basket of goods and services in a given year compared to a base year, using current-period weighting.

Nominal Income

The amount of money earned in current dollars, not adjusted for inflation.

Revealed Preference

A theory that deduces preferences of consumers by observing their choices and behaviors rather than their stated preferences.