Completion requirements
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.
- Video 1: GDP deflator | GDP: Measuring national income
- Video 2: Real GDP and nominal GDP | GDP: Measuring national income
Source: Khan Academy, https://youtu.be/L-0LuSw2bTM, https://youtu.be/lBDT2w5Wl84 This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Monday, 10 March 2025, 11:22 AM