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Gas prices: adjusting nominal values for the effect of inflation

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Abstract
Pointing out the error of comparing nominal prices across time periods, this segment illustrates that gas prices, when adjusted for inflation, are lower than those experienced during most of the 20th century. NOTE: This program is part of the larger program, "Teaching Tools for Macroeconomics, Government, and International Trade."
Collection
Films Media Group
Subject
Gas--Prices--United States, Inflation (Finance)--United States, Economy/Business
Series
Teaching tools for macroeconomics, government, and international trade, Teaching tools for economics with John Stossel
Contributors
Stossel, John, ABC News Productions, Films for the Humanities & Sciences (Firm)
Duration
00:02:33 (HH:MM:SS)
Language:
English
Target or Intended Audience
Higher education
Copyright Holder
Name Films Media Group (Firm)
RolePublisher
Telephone800-257-5126
Address200 Metro Blvd., Suite 124, Hamilton, NJ 08619
Email[email protected]
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
Persistent/Share URL
https://54098.surd9.group/show.php?pid=njcore:17053
Basic LTI parameter
pid=njcore:17053
PID
njcore:17053
Metadata
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