Real GDP and the GDP Deflator

[@abdulwaheed1056]

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

[@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

[@DjDestoza]

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

[@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.

[@augustineaboateng9707]

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

[@josephanusu4671]

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

[@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!

[@user-du4gw]

THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.THANK YOU.

[@arielabuel1982]

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

[@chuckjohnson3316]

Great video to help students understand "Real GDP"

[@relentero8547]

Helps with my AP Exam. Thanks!

[@naomioiknine5602]

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

[@avhonahombedzi368]

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

[@-A-AbhishekGarg]

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

[@KlearChristal]

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

[@joannalouabanilla6331]

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

[@RadhikaMeera]

Superb explanation !

[@boywalker1812]

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

[@lifewithdylan]

fire

[@rachitaleti]

Why is nobody talking abt the goated intro

[@mahadiarian9093]

wont u teach us the consumer price index?

[@mada_m]

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

[@sadiatasneem4764]

This was so helpful. THANK YOU!

[@ashleyenglish3382]

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

[@Waseem200105]

very well explained.

[@marcushassu6571]

Amazing video. Well explained!!!

[@nemathassnain8522]

As always, you are the best!

[@lsudawg2000]

This is fantastic!

[@Jaylen_Plays]

Thank you so much

[@arlohofilena4415]

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

[@igorsidelkovsky7944]

Hey! Nice video you have there! On a separate note; have you heard about " Vidadsmedia Real income "? (should be on google...have a look)? My brother had some services with them and was impressed by their out of this world treatment when they shared their experience about generating passive income !

[@isacktumbo5333]

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

[@AaliyaKhan]

It was a very nice lecture. Thank you.

[@danaawad6649]

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

[@sovannarasong6196]

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

[@arnavraj6964]

Thanx from India

[@xesiontv9580]

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

[@mendumbilase1508]

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

[@nuraishah7139]

Thank u i really understand..😁😁

[@vaibhavkhobragade9773]

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

[@aytansafarli7701]

THANK YOU! neat and clean, thank you so much

[@paulvaldivia8995]

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

[@matthewjwright4841]

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

[@Authentian7343]

Thank you

[@animatrix7]

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

[@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.

[@smallboychristina]

makes more sense

[@cuevas3570]

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

[@giftmichaelkhondowe9772]

Ten years still relevant. Thanks Man

[@maryamyousefalfaqiri2725]

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

[@gurhanweyrah3930]

Thanka you so much. This was well explained concept

[@jonkeevose498]

Thank you for the help. Your the man.

[@zwitterions6769]

the best explanation!!! 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 ;)

[@user-yf5zz8bj2z]

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

[@ishaqsinera5302]

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

[@chrisurban7939]

Phenomenal, thank you dude

[@theclaytonchristopher]

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

[@cathrinemunuo925]

Please you talk too much I wish you could be slow

[@nitikadesai7976]

thanks for making such awesome videos

[@beebless2358]

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

[@Mariefrancegrsce]

Thank you , simple and easy

[@katiedorney110]

you're a god for this. thank you.

[@TZiko-pu2gj]

Thank you, that was very helpful

[@thuydungtrinh1186]

Thanks for your video

[@cccrocky2550]

thanks! really helpful.

[@alhak4alhak]

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

[@kynearamsey1968]

So simple to understand.thanks

[@abdalakamanda3509]

Thanks you so much Sir

[@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...

[@TukiyaMbewe]

Thank you, very helpful video

[@karengaateruatara7810]

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

[@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

[@taylorjohnson9433]

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

[@PabloRodriguez-cy6ge]

Thanks. This is much more helpful than my professor. She doesnt teach for shit. smh

[@trulykey8106]

How did you get 50% growth of gdp?

[@istiakahmed9345]

thank u so much,,,sir

[@Protato-yg4rm]

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

[@Mr_mrs.jassar]

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

[@philipscott7023]

That was some pro explaining

[@нямү]

omg thank you smm!!

[@samanthasam5204]

sooooo much easier to understand with your explanation. thank you

[@kashkabrother4409]

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

[@MichelleCN_]

excellent explanation. Thank you so much

[@IngaKhat]

Thank you for this!!!

[@shahsadek455]

Excellent summary. Thank you for this.

[@frankflores8297]

i love your videos.

[@rebekahmorris6779]

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

[@divyaNau]

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

[@bongokhrusha]

Why is your currency hot dogs

[@isaiasgonzalez-diaz2357]

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

[@nicholasmanomano847]

Thank you Teacher!

[@alejandraespitia9097]

thank you! Super clear and concise.

[@xXMrDylanXx]

I imagine you look like Chief Hopper in Stranger Things

[@AJ.Aakashjha]

It was just a mind blowing explanation....

[@dwdwdwdwd9125]

This Helped A Lot Thank You very Much Sir

[@uncommonfavourmercy.k6830]

Thanks

[@konarkkayal1308]

How do we calculate real GDP when we don't have price of a commodity in base year?? Say invention of something that was not existing in past(base year).

[@AnushHariharan]

For all the other commodities, you take the prices from the previous year. For the new invention, you take the current year price.

[@abhijitjahagirdar516]

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

[@fredilo232]

Thank you ! you are a genius