Macro Unit 2: Economic Indicators and the Business Cycle - Awesome Trick for Solving the GDP Deflator

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GDP deflator trick nominal real equation calculate find #macroeconomics #macro

Full Transcript

Use the NeRD triangle to help you solve GDP deflator problems. A huge thank you to Christian Luddy from Apopka High for developing this idea. Also thank you to Coach Russell for sharing it. You guys are the best! Note: The equation for the GDP deflator is Nominal GDP/Real GDP x 100. The NeRD triangle is just a way to remember the equation. Always make sure to add in the "x100". CPI Practice Video https://youtu.be/JW7IQ45_up8?si=ElENOaWvyguS84d7 Macroeconomics Ultimate Review Packet https://www.ultimatereviewpacket.com/