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Chapter 23: Measuring the Income of a Nation

YouTubeDrAzevedoEcon

Chapter 23: Measuring the Income of a Nation

Defining gross domestic product 2:15 The components of GDP - National Income Identity 12:13 Real vs nominal GDP 22:04 Calculation of nominal and real GDP 25:20 The GDP deflator 33:41 Calculating the inflation rate with the GDP deflator 36:55 The Rule of 72 45:13 What does GDP ignore? 47:53

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What is GDP and How Does It Work? | Simple Explanation of Gross Domestic Product | HBK Digital

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