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  1. Real and
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Nominal vs. Real GDP
7:41
YouTubeMarginal Revolution University
Nominal vs. Real GDP
"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real ...
1.3M viewsNov 19, 2015
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Calculation of NGDP, RGDP, GDP Deflator, Inflation Rate, and Economic Growth Rate
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U.S. gross domestic product has grown by 3.3%, up from an initial estimate of 3.0%, according to a new report by the U.S. Bureau of Economic Analysis. Department of Labor Secretary Lori Chavez-DeRemer tells “Morning in America” the economy is moving in the right direction. “I think that’s what the president has been focused on, leveling the playing field for the American consumer and making sure that those tariffs have gone into place so that we are a net exporter,” she says. | NewsNation
U.S. gross domestic product has grown by 3.3%, up from an initial estimate of 3.0%, according to a new report by the U.S. Bureau of Economic Analysis. Department of Labor Secretary Lori Chavez-DeRemer tells “Morning in America” the economy is moving in the right direction. “I think that’s what the president has been focused on, leveling the playing field for the American consumer and making sure that those tariffs have gone into place so that we are a net exporter,” she says. | NewsNation
FacebookNewsNation
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