$....$well, actually, I guess I do have one more topic we could discuss: the GDP deflator.

Let's go back to looking at our own nation for this one $--$ remember, Econometrica's GDP totals $$7,160.$ That GDP was measured in current dollars using a method different than the one we used.

That method involves multiplying quantities sold times prices for each piece of output, and the prices used are current prices. In other words, there's no adjustment for inflation.

Newscaster

This means that our current GDP of $$7,160$ is measured in which terms?

Nominal GDP

Real GDP

GDP: Expenditure Approach

Econometrica GDP

Tradorio GDP

GDP Components and Basics

$100\%$

GDP Calculations $75\%$

Area $3\mathrm{.}1$

$\backslash$table$[[,GDP,C,$I,$G,x($Exports$),M($Imports$)],[$Value$,4,200,2,000,1,050,?,320,448]]$

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