ECONOMICS GRADE 11 UNIT 3 PART 4/ THE GDP DEFLATOR AND OTHER MEASURES OF GENERAL PRICE: CPI & PPI скачать в хорошем качестве

ECONOMICS GRADE 11 UNIT 3 PART 4/ THE GDP DEFLATOR AND OTHER MEASURES OF GENERAL PRICE: CPI & PPI

#THEGDPDEFLATOR In this video, we break down the key economic indicators that help us measure changes in the price level over time: the GDP Deflator, Consumer Price Index (CPI), and Producer Price Index (PPI). We begin by explaining the GDP Deflator—a broad measure of inflation that reflects the changes in the prices of all goods and services included in a country's GDP. Then, we explore the Consumer Price Index (CPI), which tracks changes in the price of a typical basket of goods and services consumed by households. Finally, we cover the Producer Price Index (PPI), which measures price changes from the perspective of the producer and is a leading indicator of inflation. These measures are crucial for understanding inflation, economic health, and guiding fiscal and monetary policy decisions. Whether you're a student of economics or simply looking to understand how inflation is measured, this video offers clear and concise explanations.