Economic growth and incumbent vote share in the election

Assignment Help Other Subject
Reference no: EM131644005

Problem -For this question you may consult outside sources for information about electoral politics in the US.

Consider figures 1-1 and 1-2 (included at the end of the homework assignment), drawn from Ray Fair's data on predicting presidential election outcomes. Figure 1-1 shows the relationship between the country's economic growth rate in the year of the election and the incumbent vote
percentage in the election. The data points are identified with the year the election took place.

Figure 1-2 is a similar graph, but with economic growth replaced with the yearly inflation rate.

a) Consider figure 1-1. What do these data imply about the relationship between economic growth and incumbent vote share in the election? Now consider the data points for 1972 and 1976. How do the incumbent votes for these two elections modify, if they do at all, your interpretation of the relationship between inflation and incumbent vote share?

b) What do figures 1-1 and 1-2 taken together tell you about the old adage about presidential politics: "It's the economy, stupid!"? What are some other plausible factors that explain the pattern of outcomes we see? Please write no more (and no less) than one paragraph.

Attachment:- Figure.rar

Reference no: EM131644005

Questions Cloud

What personal knowledge management tools : What personal knowledge management tools does this organization utilize - What steps has this organization taken in securing their information and knowledge?
What might be some of opportunity costs of attending college : What might be some of the opportunity costs of attending college for four years? Calculate the amount of shortage/surplus if price is fixed at $10,000.
Describe patient education strategies : Describe patient education strategies. Describe follow-up and any referrals that may be necessary.
Determine angelos foreign tax offset : HI3042 Taxation Law Assignment. All of Angelo's foreign income amounts have been converted to Australian dollars. Determine Angelo's foreign tax offset
Economic growth and incumbent vote share in the election : What do these data imply about the relationship between economic growth and incumbent vote share in the election?
Discuss among them difficulty with mobility : A nurse is employed at a long-term care facility where many elderly residents have multiple complex health issues, among them difficulty with mobility
Generate a database diagram for all the tables : Generate a database diagram for all the tables in the database - Display all columns and all rows from the Customer table
Define nephew who lives nearby and has asthma : During your visit to Urgent Care, A mother tells you that she is worried about her nephew who lives nearby and has asthma
Discuss the role of data dictionaries : Discuss the role of data dictionaries. Identify the information that should be stored in the data dictionary repository

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd