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If nominal GDP rises from $5 billion to $6 billion, when the GDP deflator goes from 100 to 130, real GDP
Biased Views
Opinions or perspectives that are unfairly prejudiced in favor of or against something or someone.
Political Party
An organized group of people with at least roughly similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office.
Republican
Pertaining to a political party in the United States that traditionally supports conservative policies, smaller government, and a free-market economy.
Operational Definition
A specific, measurable definition of a concept that allows for empirical research and testing.
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