The GDP Deflator

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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. • For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.c... • For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.c... • By Jodi Beggs - Economists Do It With Models • http://www.economistsdoitwithmodels.com • Facebook:   / economistsdoitwithmodels   • Twitter:   / jodiecongirl   • Tumblr:   / economistsdoitwithmodels  

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