11 Nominal and Real GDP
Автор: Dr. Rebecca Johannsen
Загружено: 2026-01-07
Просмотров: 2
Описание: @DrRebeccaJohannsen This video explains the difference between nominal GDP and real GDP, and why adjusting for inflation is essential when measuring economic growth. You’ll learn how economists convert nominal values into real terms using price indexes and what real GDP tells us about changes in actual production. By the end, you’ll understand why real GDP—not nominal GDP—is the better measure for comparing economic performance over time.
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