Examlex
Name the two parties that formed America's second party system and outline the most important differences in their philosophies.
Nominal Gross Domestic Product
a measure of a country's economic output (all goods and services produced) valued at current market prices, without adjusting for inflation.
Consumer Price Index
is a measure that examines the weighted average of prices of a basket of consumer goods and services, often used to assess inflation.
Annual Rate
Refers to the yearly interest rate or growth rate applied to investments, loans, or any financial product that calculates earnings or payments over a year.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
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