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5 resources with the keyterm nominal gdp

Videos (Over 2 Million Educational Videos Available)
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Other Resource Types (5)
Lesson Planet

GDP: Does It Measure Up?

For Students 10th - 12th Standards
Here is resource that offers a very clear explanation for how economists measure economic growth by comparing real GDP over time. There is also an additional learning exercise that details the expenditure method and four components for...
3:47
Lesson Planet

GDP Deflator Practice

For Students 11th - 12th Standards
What is a GDP deflator, and how do we calculate it? Support your learners through this process using this video as a resource, which explains step-by-step how to work with an equation calculating not only the GDP deflator, but also...
1:42
Lesson Planet

Nominal and Real GDP

For Students 11th - 12th Standards
How can we provide a true measurement of GDP when dollar values increase over time as a result of inflation? Review the concept of nominal versus real GDP with your class members with this quick and informative video. 
Lesson Planet

Chapter 7: Measuring Domestic Output, National Income, and the Price Level

For Teachers 10th - 12th
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...
Lesson Planet

Economic Health Indicators: GDP and CPI Worksheet

For Students 11th - 12th
Examine the nation's economic health using this GDP and CPI activity, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text (not...