Macro AP Economics: Unit 2 Indicators and the Business Cycle: Real vs. Nominal GDP

“Adjusting for inflation” is one of those phrases students hear a lot, but often goes unexplained. Learning the difference between nominal and real GDP is at the core of adjusting for inflation. In this webinar, we’ll go through the difference between real and nominal and a few quick exercises to help students understand and succeed on the AP test.

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