Instructional Video

Khan Academy: Real Gdp and Nominal Gdp

Curated by ACT

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.

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Resource Details
Grade
9th - 10th
Subjects
Social Studies & History
2 more...
Resource Type
Instructional Videos
Audiences
For Administrator Use
2 more...