The GDP Deflator

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Uploaded by on Jan 25, 2012

This video introduces the concept of the GDP deflator and shows how it is used both to convert Nominal GDP to Real GDP and also to measure changes in the aggregate price level, or inflation.

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By Economists Do It With Models

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  • Thank you very much, i am a junior-senior in economics major and you explain very in all your videos. i just perfectly understood deflators and inflation rate. =)

  • Great video.

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