Comparing the GDP Deflator and CPI for Calculating Inflation

Summary:
This video discusses two different ways of calculating inflation- using the consumer price index (CPI) and using the GDP deflator- and goes through the relevant features of each. By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr: http://economistsdoitwithmodels.tumblr.com

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