Examlex
A large number of voters call themselves _________ but actually support one or the other of the two major parties quite regularly.
A) opinion leaders
B) party activists
C) independents
D) aristocrats
Inflation
Inflation is the rate at which the general level of prices for goods and services is rising, subsequently eroding purchasing power.
Friedman
Refers to Milton Friedman, a prominent economist known for his work on monetarism, advocating for free markets and a limited role of government in the economy.
Money Supply
The total volume of money available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.
Nominal Variable
Refers to a variable measured in monetary terms but not adjusted for inflation, reflecting current prices.
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