Real vs Nominal GDP
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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 ...
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