Real GDP and the GDP Deflator

[@eljaysumangil914]

This video was actually 8 years ago, but has helped me understand this concept even better than my professor did. Thank you for this. Keep on making videos.

[@whitemochi3156]

20minutes before my final exam in economics and I finally understood this topic lol thanks

[@Gurci28]

10:10

[@whitemochi3156]

@Elene Chkhaidze guess what- შემეტენა და შემდეგ წელს გადავაბარება მომიწია 😂

[@whitemochi3156]

@Elene Chkhaidze წარმატებები! 💕💕

[@SINTO_F]

The same

[@txt3567]

English isn't my first language but I've learned more from your video than in my economy class. I wish my professor was like you. Thanks for sharing!

[@festybaba9673]

Thanks....have been setting on my assignment for 1 hour, did not take me 2 minutes to complete the assignment after watching the video...well simplified

[@DjDestoza]

Listen up now.... I have never seen or heard this topic in a better way! Keep posting..... Great Job!

[@boywalker1812]

Finally, a video that simplifies this to the point! Thank you, finally understand this.

[@joannalouabanilla6331]

You've answered all my confusion with deflators and cpi holy,, thanks!!!!

[@-A-AbhishekGarg]

Love u sir , I have seen 20 videos on it but understand the concept from yours only. ❤️❤️ Salute

[@theclaytonchristopher]

Thank you! explained it in 5 minutes when my professor has been on it for 2 weeks

[@abdulwaheed1056]

This is one of the best lecture of my educational carrier.......🇵🇰🇵🇰. You are great sir.

[@mendumbilase1508]

in five hours time I am writing a test and Gosh this was helpful.

[@rachitaleti]

Why is nobody talking abt the goated intro

[@josephanusu4671]

Thanks for making this so clear and easy to understand. This lesson has been truly helpful.

[@arlohofilena4415]

You explain this topic better than my professor. Thank you so much.

[@isacktumbo5333]

Thank you sir, good lesson,from university of DODOMA,east Africa , TANZANIA

[@giftmichaelkhondowe9772]

Ten years still relevant. Thanks Man

[@augustineaboateng9707]

Your videos are so helpful. With them, I'm going through my business administration course so quickly Thanks so much.

[@matthewjwright4841]

Thank you. Great lesson. I was previously getting my sums wrong, going from one year to the other, when calculating the real gdp.

[@marcushassu6571]

Amazing video. Well explained!!!

[@KlearChristal]

Your videos helped me a lot in my macroeconomic class i'm taking this semester. Thank you so much, easily subscribed!

[@relentero8547]

Helps with my AP Exam. Thanks!

[@arielabuel1982]

Thank you for this. I wish you were my Econ Professor.

[@animatrix7]

You sir are amazing and completely broke down and explained all questions I had in a very simple manner. Thank you

[@xesiontv9580]

thank you so much for the videos your making this online econ class so much easier!!

[@taylorjohnson9433]

You just saved my life, this went along a lot with my assignment. Great help!!

[@karengaateruatara7810]

Good and clear explanation on Real GDP and GDP Deflator...thank you because it very helpful to me and understand me more.

[@samanthasam5204]

sooooo much easier to understand with your explanation. thank you

[@RadhikaMeera]

Superb explanation !

[@ishaqsinera5302]

this is so much more easier, concise, and clear thanks

[@rebekahmorris6779]

You make so much more sense than my professor. Thank you!

[@chuckjohnson3316]

Great video to help students understand "Real GDP"

[@gurhanweyrah3930]

Thanka you so much. This was well explained concept

[@ashleybobbitt1111]

THANK YOU! I may actually get a few more questions right on my eco test tomorrow, for your video.

[@isaiasgonzalez-diaz2357]

Thank you king, you are saving my grade rn. appreciate the video

[@shahsadek455]

Excellent summary. Thank you for this.

[@TukiyaMbewe]

Thank you, very helpful video

[@aytansafarli7701]

THANK YOU! neat and clean, thank you so much

[@nitikadesai7976]

thanks for making such awesome videos

[@kynearamsey1968]

So simple to understand.thanks

[@avhonahombedzi368]

thank you very much this video helped me to understand GDP.

[@alejandraespitia9097]

thank you! Super clear and concise.

[@maryamyousefalfaqiri2725]

Thank u 🙏🏼 for all the information really great ❤️🙏🏼

[@comedies5245]

Well Explained .Loved it !

[@Protato-yg4rm]

You are my hero, thank you so much for making this video!!!!

[@Dolcesangue]

Soooo clear !! Thank you very much !

[@Waseem200105]

very well explained.

[@zwitterions6769]

the best explanation!!! thank you!

[@nemathassnain8522]

As always, you are the best!

[@philipscott7023]

That was some pro explaining

[@aliabdulkader3774]

very nice lecture, thank u so much

[@divyaNau]

Thank you so much...You are amazing in explaining the concepts.

[@TZiko-pu2gj]

Thank you, that was very helpful

[@lsudawg2000]

This is fantastic!

[@Mariefrancegrsce]

Thank you , simple and easy

[@Mr_mrs.jassar]

Thanks so much for this video..it helped me a lot...teaching method is perfect 👌

[@AaliyaKhan]

It was a very nice lecture. Thank you.

[@maliyhaw.5913]

Nicely explained. Thank you.

[@naomioiknine5602]

To calculate the percentage of inflation, why did we divide (129-100) by 100?? Like where did the 100 come from

[@MichelleCN_]

excellent explanation. Thank you so much

[@nessaann100]

You saved me. Thank you!!!!!!!! I wish I had you as an instructor

[@priyakeyan]

Can u please explain what is GDP at factor cost and GDP at Market prices. Is the selling price in the market and the market price taken to measure GDP are one and the same. please help us..... we are from india.... we are benefiting and exploring the essence of economics from u... and we enjoy it...

[@mahadiarian9093]

wont u teach us the consumer price index?

[@Salvation1984]

Thank you so much! So perfectly detailed explained, and the visuals are very very helpful!

[@nicholasmanomano847]

Thank you Teacher!

[@KULDEEPDAGAREPGDIB-]

Thank You . Very well explained.

[@51MontyPython]

Good video

[@mada_m]

What are the market values of the three products in 2009 and in 2010?

[@sovannarasong6196]

Thanks you so much for this video sir , I really appreciate that

[@dwdwdwdwd9125]

This Helped A Lot Thank You very Much Sir

[@kaay-ess-ess]

This was REALLY helpful

[@sadiatasneem4764]

This was so helpful. THANK YOU!

[@danaawad6649]

Thank you so much!!!! Please upload more!!!

[@vaibhavkhobragade9773]

That means if we get inflation of 29%. So, is it 110 * 1.29 = 142 total value output in 2010 Switzerland?

[@paulvaldivia8995]

my professor asked me to find the real gdp of 2018 with 2019 base year, how am I suppose to do that????

[@rifatfaisal4743]

the video was very helpful, thank you

[@abhijitjahagirdar516]

I understand the concept. since they explained in a simple way.

[@beebless2358]

9/30/20 Thank you. Especially in this time of the pandemic and limited access to in person assistance.

[@JulianaZito]

this is real good job

[@cuevas3570]

So for NFFI, we just subtract 2010's GNP with GDP, right?

[@arnavraj6964]

Thanx from India

[@abdalakamanda3509]

Thanks you so much Sir

[@nkosanamabuza109]

Life saver indeed. Thank you man.

[@briannaarmendariz6672]

This video helped me so much! Thanks you!!

[@user-yf5zz8bj2z]

Hi ,thank you for sharing , THEN we must calculate firstly reel gdp . Second step is calculating gdp deflator? Am I true?

[@jonkeevose498]

Thank you for the help. Your the man.

[@somalilandnew]

thanks alot man this was very helpful

[@kashkabrother4409]

daamn the music at the beginning made me 3x more attentive,whats the name of the song ?

[@nuraishah7139]

Thank u i really understand..😁😁

[@alhak4alhak]

Do the contries calculate the inflation using this method? Are there other formulas we can calculate the inflation like price level for example?

[@hanifamelfalina4691]

SO HELPFUL THANKYOU!

[@frankflores8297]

i love your videos.

[@paragray4455]

Hi , i have looked in to the Word bank published gdp deflator data with code NY_GDP_DEFL_KD_ZG. The data shows negative GDP deflator in many places. How do I interpret these ?

[@TheDolez013]

It means there was price deflation. Although we think of the price level as slightly increasing year after year (which is what central banks are trying to do), prices can go down. Deflation usually arises during times of economic stress or crisis. If you look at the Great Depression, you will see deflation was quite bad.

[@katiedorney110]

you're a god for this. thank you.

[@trulykey8106]

How did you get 50% growth of gdp?

[@cccrocky2550]

thanks! really helpful.

[@thuydungtrinh1186]

Thanks for your video

[@lifewithdylan]

fire

[@andresbedoya6647]

That was very helpful. Thank you!!

[@sebadeepdvr]

Sorry one last question. If GM sells a car for 1000 dollars then the second hand shop sells it for 1500? would GDP count the 500 as a service so the total gdp would be 1500? Thanks ;)

[@MrHeartbrokenlol]

Just what i need .. thanks..