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What is GDP?... and other short Statistics Canada videos for your entertainment and edification

Published by Mark Bodnar

I was just scanning the latest issue of Statistics Canada's Business & Community Newsletter (that's what a bus/econ librarian does for a break near the end of a hectic week), and I noticed it included a short note about an animated video they'd made on "What is Gross Domestic Product (GDP)?

Wow! Anybody who can take a definition like...

Gross Domestic Product (GDP) = The value of output less intermediate consumption plus any taxes less subsidies on products not already included in the value of output

and explain it in a few minutes using little drawings of cars & conveyor belts without making me fall asleep after a tough week... is doing a great job!

Check out their full collection of videos. Scroll down to the "Statistical data" section to get to the good (IMHO) stuff such as: