Handling Economic Data - UK Oil and Gas Production

Описание: This short revision video looks at changes in annual oil and gas production in the UK economy.

Crucially, when the data is expressed at constant prices, this tells you that an adjustment has been made for the effects of inflation; in other words, we are dealing with the real value of a data series.
- - - - - - - -
MORE ABOUT TUTOR2U ECONOMICS:

Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more:

https://www.tutor2u.net/economics

A Level Economics Revision Flashcards:
https://www.tutor2u.net/economics/sto...

A Level Economics Example Top Grade Essays:
https://www.tutor2u.net/economics/sto...