Gross Domestic Product – Economic Lowdown
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YouTubeFederal Reserve Bank of St. Louis
Gross Domestic Product – Economic Lowdown
#teachecon #economiceducation 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. Scott Wolla of the St. Louis Fed explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy ...
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