This video teaches the concept of Gross Domestic Product (GDP). GDP is the total market value of all final goods and services produced within a country, usually measured over a year.

Key Concepts

Aggregate Demand (AD), Aggregate Supply (AS), Gross Domestic Product (GDP), Nominal Gross Domestic Product (GDP), Per Capita Gross Domestic Product (GDP), Potential Gross Domestic Product (GDP), Real Gross Domestic Product (GDP), Business Cycles

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