With Retrospective Voting, Voters

question 148

Multiple Choice

With retrospective voting, voters

• A) tend to look back to how they voted for a candidate in the last election and vote the same way in the next election.
• B) listen to all of the candidates discuss the issues and then decide which one will do the best job in the future.
• C) tend to reward the incumbent party for what they see as good times and to punish it for what they see as bad times.
• D) tend to prefer independent candidates, since they usually do not have a "track record."
• E) tend to vote on party identification.

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Definitions:

Autonomous Consumption

Represents the amount of consumption that occurs no matter the level of disposable income, indicating basic living expenses.

Disposable Income

The amount of income available to households after taxes and social security charges have been deducted, available for spending or saving.

Consumption

The total amount of goods and services consumed by households and organizations within an economy.

Autonomous Consumption

The level of consumption that occurs when income is at zero, representing the expenditures that consumers must make even when they have no income.