Nominal and real GDP are difficult to understand, but this very short video makes it easy and for added measure it throws in the equation for GDP. Mr Clifford has 26 short explanatory videos on his site + his videos that look at movies to explain economics (which I already blogged about here).
Monday, May 19, 2014
AC/DC Videos
Nominal and real GDP are difficult to understand, but this very short video makes it easy and for added measure it throws in the equation for GDP. Mr Clifford has 26 short explanatory videos on his site + his videos that look at movies to explain economics (which I already blogged about here).
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