Real vs Nominal GDP
3:41
YouTubeFederal Reserve Bank of St. Louis
Real vs Nominal GDP
This video explains the difference between real and nominal GDP. Using an example from a pizzeria, the video explains why it’s important to adjust GDP for inflation when examining GDP over time. Learn more at: https://www.federalreserveeducation.org/teaching-resources/economics/gdp/real-vs-nominal-gdp About the St. Louis Fed: https://www ...
75.1K viewsAug 30, 2022
GDP Explained
Gross Domestic Product (GDP) Formula and How to Use It
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investopedia.com
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