#FBI This is exactly removing the labor excomponent from GDP. This is NOT a math backward speed trick Adding up fractions will have a fraction on both sides of the equals sigh. Meaning, and my point. GDP is actually a fraction. The banks call forgetting this is a fraction, and leaving out the labor excomponent is called an unsecured loan or an economic bubble. The more labor left out, the bigger the economic bubble.
What a great question! So the biggest cause for this is a decreasing population growth rate, or sometimes just a slower population growth rate than GDP's growth rate. This will result in the denominator of GDP/capita being smaller which yield a larger total value for the rate. Now population growth is just one aspect, productivity, immigration, and emigration are also factors to consider. In 2022's case specifically, we also had the pandemic and seriously high levels of inflation happening, at the same time people were not really thinking about starting a family with all the unknowns surrounding the virus. Hope this helps!
It's simple to buy a stock, but extremely challenging to choose the appropriate one without a tried-and-true plan. Since I don't know the best entry and exit tactics, growing my $160,000 portfolio has been a huge difficulty for me. Any recommendations would be highly appreciated.
When it comes to their exposure, investors should use care and be wary of making fresh investments. Such high profits are only possible with the help of a qualified or reliable counsel.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé .
![Calculating Elasticity of Demand [GIVEN A CHANGE IN PRICE] | Think Econ](http://i.ytimg.com/vi/5JzrJNYl8ng/mqdefault.jpg)
![Calculating Elasticity of Demand [GIVEN A CHANGE IN PRICE] | Think Econ](/img/tr.png)
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#FBI This is exactly removing the labor excomponent from GDP.
This is NOT a math backward speed trick
Adding up fractions will have a fraction on both sides of the equals sigh.
Meaning, and my point. GDP is actually a fraction.
The banks call forgetting this is a fraction, and leaving out the labor excomponent is called an unsecured loan or an economic bubble.
The more labor left out, the bigger the economic bubble.
I have chosen economy as a matura exam and these videos really help me. Thank you
You will need current year price to find nominal. And you can get a deflator by (nominal/real) x 100 to find real you can also do (real/deflator)x100.
Why don't u start a yt channel
@@Sav_but_not_sav I wouldn't want to yet, maybe the future?
Thank you for the straightforward explanation it was really easy to understand
I'm glad to hear it!
Thank you Sir! This simple explanation clearly my two whole weeks of confusion in this topic.
I'm really glad to hear that!
Thank you for the short and clear explanation !
You’re welcome!
super simple thank you! I had my formulas all wrong...
Glad you found it helpful!
Super helpful, I needed this to study for my exam ❤
Good luck!
Its just more than excellent, thank you so much 😊, i will follow you, and from now onwards i will love economics
Glad to hear it! :)
In 2022, if US GDP grew only 1.9% why was US GDP per capita growth not 1.9% but 8.7% ? Why is there a mismatch ?
What a great question! So the biggest cause for this is a decreasing population growth rate, or sometimes just a slower population growth rate than GDP's growth rate. This will result in the denominator of GDP/capita being smaller which yield a larger total value for the rate.
Now population growth is just one aspect, productivity, immigration, and emigration are also factors to consider. In 2022's case specifically, we also had the pandemic and seriously high levels of inflation happening, at the same time people were not really thinking about starting a family with all the unknowns surrounding the virus.
Hope this helps!
Short and sweet, thank you!
You’re welcome! I’m glad you found it helpful!
Bro so helpful, helped me so much on my hw
Great explanation
Thanks!
It's simple to buy a stock, but extremely challenging to choose the appropriate one without a tried-and-true plan. Since I don't know the best entry and exit tactics, growing my $160,000 portfolio has been a huge difficulty for me. Any recommendations would be highly appreciated.
When it comes to their exposure, investors should use care and be wary of making fresh investments. Such high profits are only possible with the help of a qualified or reliable counsel.
Mind if I ask you to recommend this particular coach you using their service ?
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé .
What if a new product was produced in the current year?
How do we always know the quantity produced?
Very versatile helpful
Is yearly GDP the average of all four quarters of GDP?
Great question! The short answer is: No, it’s the sum of all four quarters of GDP!
Thank you for the simple explanation 👏 😊.
I'm glad you found it helpful!
Excellent presentation... ❤
Thank you very much!
Fast and easy! Thank you
That's how it should be! Glad you found it helpful!
Thanks so much man 😭🙏🏾
You’re welcome!
Simple and helpful 😊
I'm glad to hear it!
Good method
Thanks!
Thanks ❤
Using the same table, is it possible to the norminal GDP?
Yes, we’ve got a video showing exactly how to do it using this same information!
Tremendous job
Thank you very much! We appreciate the feedback :)
Tysm😭😭
You’re welcome!
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