Examlex
Consistent with what is known about group polarization,Schkade and Sunstein (2003) found that on federal appellate court cases,a Republican judge sitting with two other Republicans voted ________ than when sitting with one Democratic appointee.
Real Output
A measurement of the economic production adjusted for price changes, often used to evaluate the size and health of an economy.
Modern Monetarists
Economists who follow the monetarist school of thought, focusing on the role of governments in controlling the amount of money in circulation.
Nominal Money Supply
The amount of money circulating in an economy without adjusting for inflation.
Inflation
The rate at which the general level of prices for goods and services is rising, and, consequently, the purchasing power of currency is falling.
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