Outcome: Defining the GDP Price Index

What you’ll learn to do:┬ádefine the GDP price index (also known as the GDP deflator)

In this outcome, you will learn how to find the GDP after it is adjusted for a change in prices.


The learning activities for this section include:

  • Reading: The Implicit Price Deflator
  • Self Check: Defining the GDP Price Index

Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.