Khan Academy Static

The value of a currency is constantly changing (usually going down in terms of what you can buy). Given this, how can we compare GDP measured in dollars in one year to another year? This tutorial answers that question by introducing you to real GDP and GDP deflators.

12436_Real_GDP_and_nominal_GDP.html

12437_GDP_deflator.html

12438_Example_calculating_real_GDP_with_a_deflator.html