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In this video we learn how a country's GDP can be calculated by adding up the value added by all intermediate producers in a country.
View more lessons or practice this topic at http://www.khanacademy.org/economys-finance-domain/ap-macroaxis/enomic-iondicators-and-the-business-cycle/21/v/value-added-approach – to-calculate-GDP-macroeconomics-khan-academy?utm_sourceyoutube&utm_mediumdesc&utm_campaignapmacroeconomics
AP Macroeconomics on Khan Academy: welcome to economics! In this lesson, we will define economics and introduce some of the fundamental tools and perspectives that economists use to understand the world around us!
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