This Nominal and Real GDP video also includes:
How can we provide a true measurement of GDP when dollar values increase over time as a result of inflation? Review the concept of nominal versus real GDP with your class members with this quick and informative video.
4 Views 4 Downloads CCSS: Adaptable
- This is a great tool to offer learners as part of a general review of economic concepts, or as a flipped classroom resource.
- This resource is only available on an unencrypted HTTP website. It should be fine for general use, but don’t use it to share any personally identifiable information
- Utilizes a graph in order to illustrate the concept