Curated Video
How to Calculate GDP Deflator
In economics, a gross domestic product — or GDP — deflator is a factor that is used to compare today's market prices to the market prices from a previous year. Calculating is simple once you know how.
ACDC Leadership
Macro Unit 2 Summary (Old Version)- Measuring the Economy
Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary. This unit is about measuring the economy and covers topics like GDP (1:04), the business cycle (6:15), unemployment (7:28), the types of unemployment, the natural rate...
ACDC Leadership
Macro Unit 2 Summary (New Version)- Measuring the Economy
Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary (new version). This unit is about measuring the economy and covers topics like GDP (2:17), unemployment (8:16), inflation/CPI (12:47), the business cycle (19:55).
ACDC Leadership
Macro Unit 2- Practice Questions #2
This is videos has 7 practice multiple choice questions for Macroeconomics Unit 2: Measuring the Economy. The questions are designed for AP and college introductory economics.
ACDC Leadership
Macro Unit 2.6B- GDP Deflator Practice AP Macroeconomics
The GDP deflator is a measure of inflation and is used to convert the nominal GDP into the real GDP. Try doing these three questions to practice using the GDP deflator. Thanks for watching.
Khan Academy
Khan Academy: Real and Nominal Gdp: Gdp Deflator
Relationship between the GDP deflator, nominal GDP and real GDP
Khan Academy
Khan Academy: Example Calculating Real Gdp With a Deflator
In this video, explore a simplified example of how to calculate real GDP from nominal GDP using the GDP deflator. [5:39]