Calculating Real GDP with a Deflator Example
Watch this lecture on calculating real GDP with a deflator. This is one among many approaches to removing the effect of inflation from nominal or current values. Watch for other approaches, some of which draw from a base broader or narrower relative to that under current consideration.
Source: Khan Academy, https://youtu.be/v5YT8GlSxoU This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Monday, May 13, 2024, 3:43 PM