Review Questions

1. Choose 2 from the posted videos then articulate 1 learning point for each.Cite the time on the video then explain.

2. Give your thoughts and explain about our GDP and Inflation in our country for the past 4 years. Provide a reference/source.

References for number 1:

a. Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy

https://www.youtube.com/watch?v=Rgr1vRjxzFg

b. Real GDP and nominal GDP | GDP: Measuring national income | Macroeconomics | Khan Academy

https://www.youtube.com/watch?v=lBDT2w5Wl84

c. GDP deflator | GDP: Measuring national income | Macroeconomics | Khan Academy

https://www.youtube.com/watch?v=L-0LuSw2bTM&list=PLSQl0a2vh4HB-eppLyKiTFRfPXBMQ76OZ&index=6

d. Introduction to inflation | Inflation - measuring the cost of living | Macroeconomics | Khan Academy

https://www.youtube.com/watch?v=AaR1mPrdbTc