Category: 03) Unemployment, Inflation, GDP

Economics-Unemployment-Rate

The unemployment rate measures the percentage of the total civilian labor force that is currently unemployed. The formula for the unemployment rate Read more…

Economics-Nominal-GDP-Real-GDP-and-Price-Level

Nominal GDP is GDP evaluated at current market prices. Therefore, nominal GDP will include all of the changes in market prices Read more…

Economics-GDP

GDP is defined as the market value of all final goods and services produced domestically in a single year and is the single most important Read more…

Economics Tutorials

03) Unemployment, Inflation, GDP