GDP Deflator

Watch these videos, which show the distinction between real GDP and nominal GDP, and introduce the GDP deflator, which is the price index calculated on all goods and services included in GDP.

 

 

Source: Khan Academy, https://youtu.be/L-0LuSw2bTM, https://youtu.be/lBDT2w5Wl84
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Last modified: Monday, September 18, 2023, 5:00 PM