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Nominal vs. Real GDP

935,092 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

85%
  • 6:33 / 7:41

Speech Rate:

  • 142 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

producing
verb

make or manufacture.

discussed

/dəˈskəs/

verb

talk about something with person or people.

controls
other verb

Devices designed to operate a machine. To direct or influence the behavior of something.

actually

/ˈak(t)SH(o͞o)əlē/

adverb

as truth or facts.

nominal

/ˈnämən(ə)l/

adjective

existing in name only.

inflation

/inˈflāSH(ə)n/

noun

Continual rise in the prices of products.

produced
verb

To grow something naturally.

increase
noun verb

rise in size, amount, or degree of something. To make or become larger in size or amount.

driving

/ˈdrīviNG/

adjective noun verb

blown by wind with great force. control and operation of motor vehicle. To give power to move or operate an engine, etc..

valuable

/ˈvaly(o͞o)əb(ə)l/

adjective noun

worth great deal of money. thing that is of great worth,.

measures

/ˈmeZHər/

noun other verb

plan or course of action. Tools used to calculate the size of some things. To calculate size, weight or temperature of.

statistic

/stəˈtistik/

adjective noun

undefined. Number that represents a piece of information.

produce
noun verb

Fresh foods such as fruits and vegetables. make or manufacture.

services

/ˈsərvəs/

noun other verb

action of helping or doing work for someone. Ceremonies for religious purposes. To help or do work for someone, e.g. in a store.

finished

/ˈfiniSHt/

adjective verb

having been completed or ended. To reach the end; to complete something.

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