Episode 7 – Gross Domestic Product – The Economic Lowdown Video Series
Source: Federal Reserve Bank of St Louis | Type: lesson
In the seventh episode of the Economic Lowdown Video Series, a Federal Reserve economic education specialist explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
Grades:
Concepts:
Standards:
Related Resources: