Gross Domestic Product – The Economic Lowdown Video Series
Economy | Information | History | Online | Facts | World | Global | Money
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
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Learn what GDP is and why it’s one of the most talked-about ways to measure the economy. http://bit.ly/1BPVBD6
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