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Real and nominal GDP : Example Calculating Real GDP with a Deflator

By Sal Khan

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Book Id: WPLBN0002825094
Format Type: Video (Educational Video)
File Size:
Reproduction Date: 2012

Title: Real and nominal GDP : Example Calculating Real GDP with a Deflator  
Author: Sal Khan
Volume: Macroeconomics series
Language: English
Subject: Science, Science & Economics, Macroeconomics
Collections: Educational Videos, Real and nominal GDP series
Historic
Publication Date:
Publisher: Khan Academy
Member Page: Khan Academy

Description
Simple example of calculating Real GDP from Nominal GDP

Summary
Topics covered in a traditional college level introductory macroeconomics course

Excerpt
Circular flow of income and expenditure. Gross domestic product. The value of a currency is constantly changing (usually going down in terms of what you can buy). Given this, how can we compare GDP measured in dollars in one year to another year? This tut

Table of Contents
macroeconomics

 

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