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Khan Academy
Khan Academy: Real Gdp and Nominal Gdp
Nominal GDP measures output using current prices, but real GDP measures output using constant prices. In this video [3:10], we explore how price changes can distort GDP using a visual representation of GDP.
Khan Academy
Khan Academy: Quantity Theory of Money
Does increasing the money supply impact the price level? Learn about the quantity theory of money in this video. [8:11]
Khan Academy
Khan Academy: More on Final and Intermediate Gdp Contributions
If you make some cloth and someone uses that cloth to produce something else, how does that show up in the calculation of GDP? In this video [2:50], learn how GDP deals with intermediate goods.
Khan Academy
Khan Academy: Parsing Gross Domestic Product
In this video [11:58], we break down GDP into its components to better understand what's counted in GDP and what's not counted.