Many First-Time Candidates for Congress Bring with Them a Set

question 113

Multiple Choice

Many first-time candidates for Congress bring with them a set of ______ rather than one specific issue.

• A)policy objectives
• B)constituent mandates
• C)representational requirements
• D)political ideals

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Definitions:

Multiplier Effect

An economic phenomenon where an increase in spending produces an increase in national income and consumption greater than the initial amount spent.

Aggregate Demand

The aggregate market demand for goods and services in an economic environment, valued at a specific price level within a certain timeframe.

MPC

Marginal Propensity to Consume, which is the proportion of any additional income that a consumer spends on goods and services.

Multiplier

An economic factor that quantifies the additional effects of a change in spending on the total economic activity.