2.6

Real vs. Nominal GDP

AP Macroeconomics

Nominal vs. Real GDP

Why Real GDP Matters

Worked Example

How to Interpret the Gap

The GDP Deflator

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GDP Deflator vs. CPI

Calculating Inflation from the Deflator

Calculating Real GDP from a Table

Step-by-Step: Real GDP from a Table

Real GDP Per Capita

Economic Growth

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AP Exam Tips

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Common Mistakes