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What is Gross Domestic Product (GDP)?
 
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Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way. Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?” Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute. So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1p4ZtxL Next video: http://bit.ly/1mY2bn0 Help us caption & translate this video! http://amara.org/v/HZv3/
WHAT IS GDP ?? IN HINDI EXPLAINED
 
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HELLO FREINDS..Is video me hum dekhenge ki GDP ( Gross Domestic Product ) qa hota h. aur kaise koi country apna gdp calculate krti h . asha hai aapko video pasand ayega. Mutual funds,Banking,Finance se related info k liye SUBSCRIBE kijiye. Facebook: https://www.facebook.com/MARKETMAESTROO
Views: 218366 Market Maestroo
Gross Domestic Product – Economic Lowdown, Ep. 7
 
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GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living. Instructors, learn more at https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-7-gross-domestic-product
Gross domestic product (GDP) Comparison
 
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Comparison of money by countries in US dollars. Not all countries, only some. Source: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) ---My websites----- -Blog: http://alvarograciamontoya.blogspot.com.es/2017/01/producto-interno-bruto-pib-comparacion.html -Facebook: https://www.facebook.com/metaballstudios/
Views: 1024894 MetaBallStudios
Macro Unit 2.1- GDP and Economic Growth
 
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In this short video I explain GDP, the components of GDP, and what is not included in the Gross Domestic Product. Thanks for watching, please subscribe If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji
Views: 380713 Jacob Clifford
What Is GDP?
 
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What is GDP and why should you even care? Find out in 2 minutes! Host: Wala'a El Barasse
Views: 486904 IMF
Nominal vs. Real GDP
 
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"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real GDP. In the previous video, you learned about how to compute GDP. But what you learned to compute was a very particular kind: the nominal GDP, which isn’t adjusted for inflation, and doesn’t account for increases in the population. A lack of these controls produces a kind of mirage. For example, compare the US nominal GDP in 1950. It was roughly $320 billion. Pretty good, right? Now compare that with 2015’s nominal GDP: over $17 trillion. That’s 55 times bigger than in 1950! But wait. Prices have also increased since 1950. A loaf of bread, which used to cost a dime, now costs a couple dollars. Think back to how GDP is computed. Do you see how price increases impact GDP? When prices go up, nominal GDP might go up, even if there hasn’t been any real growth in the production of goods and services. Not to mention, the US population has also increased since 1950. As we said before: without proper controls in place, even if you know how to compute for nominal GDP, all you get is a mirage. So, how do you calculate real GDP? That’s what you’ll learn today. In this video, we’ll walk you through the factors that go into the computation of real GDP. We’ll show you how to distinguish between nominal GDP, which can balloon via rising prices, and real GDP—a figure built on the production of either more goods and services, or more valuable kinds of them. This way, you’ll learn to distinguish between inflation-driven GDP, and improvement-driven GDP. Oh, and we’ll also show you a handy little tool named FRED — the Federal Reserve Economic Data website. FRED will help you study how real GDP has changed over the years. It’ll show you what it looks like during healthy times, and during recessions. FRED will help you answer the question, “If prices hadn’t changed, how much would GDP truly have increased?” FRED will also show you how to account for population, by helping you compute a key figure: real GDP per capita. Once you learn all this, not only will you see past the the nominal GDP-mirage, but you’ll also get an idea of how to answer our central question: "Are we better off than we were all those years ago?" Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/24pzD7X Next video: http://bit.ly/1TGgR8r Help us caption & translate this video! http://amara.org/v/H0PX/
What is the gross domestic product (GDP)? | Made in Germany
 
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The gross domestic product is the ultimate yardstick of a country’s economy. An increase means companies are making profits and the economy is growing. But if there's negative economic growth for two consecutive quarters, however, it’s recession time. This is why all eyes and ears are on the business gurus and their forecasts for the GDP. More Made in Germany on: http://www.dw.de/program/made-in-germany/s-3066-9798
Views: 23039 DW News
Parsing gross domestic product | GDP: Measuring national income | Macroeconomics | Khan Academy
 
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Understanding what GDP does and doesn't measure. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/circular-econ-gdp-tutorial/v/more-on-final-and-intermediate-gdp-contributions?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/circular-econ-gdp-tutorial/v/circular-flow-of-income-and-expenditures?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 320871 Khan Academy
The Gross Domestic Product (GDP) and Government Revenue Explained in One Minute
 
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A one-minute video which explains what the Gross Domestic Product (GDP) is, what government revenue is and why people frequently confuse the two terms. Please like, comment and subscribe if you've enjoyed the video. To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message. Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to [email protected], any and all support is greatly appreciated! Oh and I've also started playing around with Patreon, my link is: https://www.patreon.com/oneminuteeconomics Interested in reading a good book? My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below: Amazon - https://www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK Barnes & Noble - http://www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942 iBooks (Apple) - https://itun.es/us/wYSveb.l Kobo - https://store.kobobooks.com/en-us/ebook/wealth-management-2-0 My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below. Amazon - https://www.amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS Barnes & Noble - https://www.barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970 iBooks (Apple) - https://itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265 Kobo - https://www.kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty Last but not least, if you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561
Views: 38446 One Minute Economics
Gross domestic Product GDP (ACCA F1)
 
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A short video introducing the topic of Gross Domestic Product.
Views: 657 Accounting College
Gross Domestic Product
 
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✅ SUBSCRIBE: https://goo.gl/tYpMcp 👍 Visit our website for help on any subject or test! https://goo.gl/AsjYfS Learn more about Gross Domestic Product and how it measures a nation's economic output. Know more about GDP to be better prepared for your exam. Mometrix Academy is the world's most comprehensive test preparation company. This channel will provide you with videos that will help you learn about many different subjects. ►Mometrix Homepage: http://www.mometrix.com ►Academy Homepage: https://www.mometrix.com/academy/ ►Mometrix Flashcards: http://www.flashcardsecrets.com/ ►Follow Mometrix Academy on Pinterest: https://www.pinterest.com/mometrixacademy/ ►Mometrix Test Preparation Academy: http://goo.gl/1A9qj7 ►Visit: http://www.mometrix.com/academy/gross-domestic-product/ Economics: ►Basics of Market Economy https://youtu.be/SSByXm6QNx8 ►Forms of Economics https://youtu.be/IDdjLWtIcPQ ►Classification of Markets https://youtu.be/ob9ELjMcdIE ►Market Failure https://youtu.be/HuKqLKkDWxQ ►Market Forms https://youtu.be/K7-Mx-fqlI0 ►Marketing Plan https://youtu.be/5Pcgf6STRhg ►Microeconomics and Macroeconomics https://youtu.be/1q3aumgk4Vw ►Modes of Operation https://youtu.be/6v64TNlxCWU ►Opportunity Cost https://youtu.be/MohixwTFua0 ►How Banks Function https://youtu.be/lYFB7ApExq4Economics: ►Basics of Market Economy https://youtu.be/SSByXm6QNx8 ►Forms of Economics https://youtu.be/IDdjLWtIcPQ ►Gross Domestic Product https://youtu.be/5mO72VfvMSs ►Classification of Markets https://youtu.be/ob9ELjMcdIE ►Market Failure https://youtu.be/HuKqLKkDWxQ ►Market Forms https://youtu.be/K7-Mx-fqlI0 ►Marketing Plan https://youtu.be/5Pcgf6STRhg ►Microeconomics and Macroeconomics https://youtu.be/1q3aumgk4Vw ►Modes of Operation https://youtu.be/6v64TNlxCWU ►Opportunity Cost https://youtu.be/MohixwTFua0 ►How Banks Function https://youtu.be/lYFB7ApExq4
Views: 3052 Mometrix Academy
Word of the Day: Gross Domestic Product (GDP)
 
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GDP is defined as the monetary value of all the finished goods and services produced within a country's borders in a specific time period. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory. So GDP then is really just a measure of economic activity within a nation's own borders. But what does that really tell us about the health of an economy? After all, GDP was growing up until the financial crisis of 2008 (it first contracted in the 3rd quarter of 2008). Well, this is because although GDP can tell us plenty about the extent of economic activity, it tells us absolutely nothing about the quality of that activity, and thus the sustainability of that very growth. The housing bubble, after all, was great for home builders, banks and retailers, but it turned out to be a really bad investment for the economy that blew up as a global financial crisis after only a few good years of partying on cheap credit. To Watch full episode of Capital Account with Lauren Lyster check out http://www.youtube.com/capitalaccount Follow Lauren on Twitter: https://twitter.com/laurenlyster
Views: 4790 RT America
Limitations of GDP (gross domestic product)
 
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GDP is the most widely used measurement used to determine whether a country's economy is succeeding or failing. But it has several limitations that make it an imperfect indicator of society's overall well-being. In this video we'll examine what GDP does well, and importantly what it does not do well. For more resources for economics students and teachers visit http://econclassroom.com
Views: 2083 Jason Welker
Robert F. Kennedy challenges Gross Domestic Product
 
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Forty years ago, Robert F. Kennedy challenged the basic way we measure progress and well-being in America. Today, the Glaser Progress Foundation is raising the same questions through a new medium. The Seattle-based foundation released a new web video marking the anniversary of a famous speech in which Kennedy said the Gross Domestic Product counts "everything, in short, except that which makes life worthwhile."
Views: 221738 ipyramid
Real GDP Per Capita and the Standard of Living
 
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They say what matters most in life are the things money can’t buy. So far, we’ve been paying attention to a figure that’s intimately linked to the things money can buy. That figure is GDP, both nominal, and real. But before you write off GDP as strictly a measure of wealth, here’s something to think about. Increases in real GDP per capita also correlate to improvements in those things money can’t buy. Health. Happiness. Education. What this means is, as real GDP per capita rises, a country also tends to get related benefits. As the figure increases, people’s longevity tends to march upward along with it. Citizens tend to be better educated. Over time, growth in real GDP per capita also correlates to an increase in income for the country’s poorest citizens. But before you think of GDP per capita as a panacea for measuring human progress, here’s a caveat. GDP per capita, while useful, is not a perfect measure. For example: GDP per capita is roughly the same in Nigeria, Pakistan, and Honduras. As such, you might think the three countries have about the same standard of living. But, a much larger portion of Nigeria's population lives on less than $2/day than the other two countries. This isn’t a question of income, but of income distribution—a matter GDP per capita can’t fully address. In a way, real GDP per capita is like a thermometer reading—it gives a quick look at temperature, but it doesn’t tell us everything. It’s far from the end-all, be-all of measuring our state of well-being. Still, it’s worth understanding how GDP per capita correlates to many of the other things we care about: our health, our happiness, and our education. So join us in this video, as we work to understand how GDP per capita helps us measure a country’s standard of living. As we said: it's not a perfect measure, but it is a useful one. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1WJcJ5w Next video: http://bit.ly/1S1CxuA Help us caption & translate this video! http://amara.org/v/H04s/
What The Heck Is GDP?
 
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GDP, GNP – what does it all mean? Jonathan explains what economists mean when they bring up these common economic indicators. Learn more at HowStuffWorks.com: http://money.howstuffworks.com/gross-national-happiness.htm Share on Facebook: Share on Twitter: Subscribe: http://goo.gl/ZYI7Gt Visit our site: http://www.brainstuffshow.com OK, let’s say you’ve just gotten a job offer to work in the majestic country of Bumpsylvania. Awesome, right? You’ve always wanted to live amongst the scenic Bumpsylvanian swamplands and hear the local ghost toads sing their famous mating screech. But before you pony up the $549.95 for Rosetta Stone: Bumpsylvanian Edition, you want to do a little research on the economic health of this country. So you ask your friend the economics professor: How is the economy of Bumpsylvania doing these days? One number that will almost definitely figure into her reply is the country’s GDP. This stands for Gross Domestic Product. GDP is a common measure that’s used to roughly represent the size of a country’s economy. The way you calculate GDP is both simple as a general principle, and complicated in the details. The simple version is that GDP is the value of all the goods and services produced within a country in a given period of time, such as a financial quarter or a year. So if we look at Bumpsylvania, we can calculate its yearly GDP by adding up the dollar-value of all the stuff it creates: All the pork sandwiches, shoe shines, fashion magazines, bullets, massages, motorcycles, jiu-jitsu classes, ghost toad swamp tours, and, of course, traditional, Bumpsylvanian-style wooden hats. Every item, product or service brought to market by workers or other economic resources located inside the country in that year is part of the GDP. Coming up with this figure is not as easy as it sounds. GDP is actually a highly complex and abstract statistical instrument that takes some real work to calculate. Just one example of the many complications: Let’s say somebody cuts down some swamp trees and turns those trees into lumber, and then sells that lumber to a haberdasher who turns it into a traditional, Bumpsylvanian-style wooden hat. Do you count the sales of both the lumber _and_ the hat? Well, no, because GDP is a measure of the final value of goods and services. So if you counted the sale of the wood to the hat-maker and the sale of the hat, you’d be counting the same value twice. The value of the wood gets wrapped into the final value of that gorgeous, gorgeous headgear. GDP is probably the most important measure of the size and performance of an economy, but it’s not the only one. There’s also GNP, which is related, but slightly different. GNP stands for gross national product. The difference is that GNP is the value of all the products and services produced by a country’s residents, even if production takes place outside of the country. So if a Bumpsylvanian business has a factory making wooden hats in another country, the output of that factory would be included in Bumpsylvania’s GNP, but not its GDP. While GDP is a widely used indicator of economic strength, many critics point out that it’s not necessarily the best indicator of the “real” health of a nation. For example, a country with a large, growing GDP might look strong on paper, but what if that number is masking vast income inequality – a productive economy based on huge amounts of low-wage labor? Of course by comparing GDP with other pieces of data, you can do more with the figure. A simple example would be comparing GDP with population to come up with Per Capita GDP (which means economic value per person). So for example, according to the World Bank, in 2013, China’s GDP was a massive $9.2 trillion. Compare that to Luxembourg’s relatively small GDP of $60 billion. Yet in the same year, China’s GDP Per Capita was only about $6,800, while Luxembourg’s was more than 16 times that, at about $110,000. So while China’s economy is certainly much larger, it looks like each individual citizen, on average, is better off in Luxembourg. Financially speaking, that is. SOURCES: http://www.britannica.com/EBchecked/topic/246663/gross-national-product-GNP http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm http://www.britannica.com/EBchecked/topic/246647/gross-domestic-product-GDP http://money.howstuffworks.com/gross-national-happiness.htm/printable http://www.nytimes.com/2013/10/05/world/asia/index-of-happiness-bhutans-new-leader-prefers-more-concrete-goals.html?_r=0 https://books.google.com/books?id=V5IpAgAAQBAJ&printsec=frontcover&dq=how+to+calculate+gnp&hl=en&sa=X&ei=QlVyVZH1CJKFyQTo-4D4CQ&ved=0CDYQ6AEwAg#v=onepage&q=how%20to%20calculate%20gnp&f=false http://data.worldbank.org/indicator/NY.GDP.MKTP.CD http://data.worldbank.org/indicator/NY.GDP.PCAP.CD http://www.factcheck.org/2008/02/gdp-vs-gnp/
Calculating Gross Domestic Product
 
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This video explains how to calculate Gross Domestic Product mathematically and goes through a numerical example. It also shows how to calculate the percentage change in GDP from year to year. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ 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
Views: 165057 jodiecongirl
The U.S. Gross Domestic Product (GDP)
 
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To understand American business history, follow the trends. See how America was settled over time, how people moved from farms to cities, how gross national product grew, how stocks went up and down, and how income was distributed. One thing is certain: in business, things constantly change. This video is featured in the "Constant Change" section of the American Enterprise exhibition at the Smithsonian's National Museum of American History. Section link: americanhistory.si.edu/american-enterprise-exhibition/videos/constant-change Exhibition link: americanhistory.si.edu/american-enterprise
What is Gross Domestic Product (GDP)?
 
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This video defines the value-added GDP and details how it is measured. Transcript: http://www.statcan.gc.ca/eng/sc/video/gdp
Views: 44126 Statistics Canada
Introduction to Gross Domestic Product
 
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This video introduces the concept of Gross Domestic Product (GDP) as a measure of aggregate output or income and describes what is included in GDP. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ 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
Views: 63674 jodiecongirl
Gross Domestic Product (GDP): What it Means & Why it Matters ☝
 
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What is Gross Domestic Product (GDP) http://www.financial-spread-betting.com/course/UK-Australia-indicators.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE What is GDP? Gross Domestic Product. This is a barometer of how well an economy is doing. But why is GDP important? If you have high GDP there is a lot of productivity going on, the economy is chugging along quite nicely - generally a good thing for the country. Low GDP is the opposite; things aren't so well. A high GDP is normally equal to higher corporate earnings which is going to benefit the stock market. Recession - 2 or more consecutive quarters of negative GDP growth. But how is the GDP is calculated? It is basically made up of 4 distinct parts; it is the total of the goods and services produced in a country giving a broad view on how the economy is faring. The first part is consumption, the second part is investments, the third is government spending and investments and the last is net exports. A lower than expected GDP may lead to the currency of that country weakening. A higher than expected GDP might boost the currency of a country.
Views: 620 UKspreadbetting
Gross Domestic Product (GDP)—Nominal GDP, Real GDP, & the GDP Deflator
 
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In this video Heimler explains how to understand and calculate a nation's Gross Domestic Product.
Views: 339 Steve Heimler
What is the Gross Domestic Product (GDP)?
 
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Gross Domestic Product is commonly referred to as GDP. The GDP is one of the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy. Usually, GDP is expressed as a comparison to the previous quarter or year. By Barry Norman, Investors Trading Academy.
WHAT IS GDP? (GROSS DOMESTIC PRODUCT) [Macroeconomics / Economic Data Releases]
 
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We explain what GDP (Gross Domestic Product) is, why it's important and how we calculate it. This is a basic topic in macroeconomics and it's also very important for traders and investors. GDP is one of the biggest data releases from any economy, so it's important to understand how it all works. We will also cover the circular flow of money and the difference between Nominal GDP and Real GDP. Our full online economics course is coming soon. ================ JOIN US TO LEARN TO TRADE FOR FREE: http://bit.ly/DuomoInnerCircle ================ SUBSCRIBE FOR MORE TRADING VIDEOS: http://bit.ly/DuomoYouTube ================ THE DUOMO TRADING PODCAST: http://bit.ly/DuomoPodcast (Available on iTunes, Stitcher, Soundcloud and more) ================ GET OUR FULL ONLINE COURSE: http://bit.ly/DuomoCourse ================ SOCIAL LINKS: Website: http://www.duomoinitiative.com Facebook: http://www.facebook.com/duomoinitiative Twitter: http://twitter.com/duomoinitiative Nicholas Puri Twitter: http://twitter.com/nikipuri Instagram: http://instagram.com/duomoinitiative Email: [email protected]
Gross Domestic Product (GDP)
 
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The Gross Domestic Product of an economic region is basically the measure of its economic activity including all goods and services within its borders. The equation to calculate GDP is “expenditure based” and looks like this: During a given period of time, GDP is the sum of: • Consumer spending on goods and services • Government Investment and spending on goods and services • Business investment and spending on goods, services and inventory • Exports which left that region • then we deduct the value of Imports entering that region • the final figure is then adjusted for inflation Learn more: https://hubs.ly/H09P_RZ0 ---------------------------------------------------------------------------------------- Web: https://www.valutrades.com/ E-mail: [email protected] Facebook: https://www.facebook.com/valutrades/ Twitter: https://twitter.com/valutrades Instagram: https://www.instagram.com/valutradesl... DISCLAIMER CFDs and FX are leveraged products and carry a high level of risk to your capital. These products may not be suitable for all clients, so please ensure you fully understand the risks involved.
Views: 16 Valutrades
The Composition of Gross Domestic Product
 
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Measuring gross domestic product (GDP) gives us an idea of the total production of an economy over a particular period. GDP is made up of the total market value of all final goods and services produced in an economy (but that doesn’t include government transfers). The formula to remember is Y = C + I + G + X. • For more information, visit: https://www.policyed.org/econ1/composition-gross-domestic-product/video. • To view the other videos in the Econ 1 series, visit: http://bit.ly/2DARrrk • To view all of the online classwork to Econ 1: Principles of Economics, visit: http://stanford.io/2Gcqlp2 • To read John Cochrane’s blog post on “Consumption vs. GDP,” click here: http://bit.ly/2shMXRQ • Read John Taylor’s blog post on “The GDP Impact a U.S. Fiscal Consolidation Strategy,” available here: http://bit.ly/2shND9P • Read John Taylor’s blog post on “MacroMania on Nominal GDP Targeting and the Taylor Rule,” available here: http://bit.ly/2GYzEci
Views: 386254 PolicyEd
What is GDP ? - Basic Concept (Urdu)
 
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GDP is a very handy method of identifying a country's growth and economic condition. This term is widely used on TV, Social media, radio, NEWS papers and especially used by our politicians. However, a huge number of people still do not understand GDP. In this video I have tried to explain this concept in a basic and simplified manner. Link for Appendix video: https://youtu.be/gboZFvM2HYI I have taken references from the following sources: -https://en.wikipedia.org/wiki/Gross_domestic_product -https://en.wikipedia.org/wiki/Simon_Kuznets -https://www.thesolutionsjournal.com/article/a-short-history-of-gdp-moving-towards-better-measures-of-human-well-being/ -https://www.youtube.com/watch?v=rGqhTQyY6g4 Background Music: Cool Ride by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://audionautix.com/
Views: 73766 Random Guy
GDP explained | What is GDP? | How is GDP calculated? | Income vs Expenditure Approach
 
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What is GDP (Gross Domestic Product) -- GDP is the total monetary value of the final goods and services produced within the geographical boundaries of a country in a given period of time. For a more detailed explanation of the terms: GROSS: The depreciation in the capital assets of the country, occurred during the year is inclusive. This means, the monetary value of loss of assets due to production activities had not been deducted. If we do deduct it, it becomes NET. DOMESTIC: Domestic implies, produced within the geographical boundaries. It does not take into account the country's earning outside its geographical boundaries, or foreign remittances. Neither does it deduct transfers outside of the country. If these remittances are added and the transfers deducted, the value becomes NATIONAL. PRODUCT: The final goods and services. Final implies that intermediate goods are not taken into account. For example, wheat sold for final consumption to consumers will be taken into account, but the amount of wheat sold to bakeries for further production of bread will not be added. The value of bread will be taken into account which will be inclusive of the value of its input: wheat. This is done to avoid double counting. Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/InvestYadnya Facebook Group - https://goo.gl/y57Qcr Twitter - https://www.twitter.com/InvestYadnya
Euronews - The Gross Domestic Product explained
 
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http://www.emanuelecolombo.it http://www.twitter.com/ema_colombo Client: Euronews // European Commission Agency: Latte Creative My role: Illustration, motion design, sound design Producers: Valentina Carta, Chiara Reid Voice Over: Natalya Bykov Euronews is a European, multilingual news television channel available in 155 countries all over the world. I was commissioned to produce this animation for a show called "Real Economy." It is the pilot of a series of 20 short videos, each trying to explain a specific economic concept in a simple and engaging way.
Views: 49075 Emanuele Colombo
Draw Me The Economy: What is gross domestic product?
 
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Draw Me The Economy is a series of videos explaining the economic news, without political bias. It is a tool offered to all to aid understanding, thanks to the drawings of economic concepts that are part of our daily lives. http://www.drawmetheeconomy.com
Views: 9250 Dessine-moi l'éco
Gross Domestic Product (GDP) for Kids
 
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In this episode of Business and Economics for Kidz, students can learn what GDP is, and what it indicates. Background Picture: Backgrounds for Green Screen Videos. (n.d.). Retrieved February 13, 2016, from http://careerconfidential.com/stationary-and-motion-backgrounds/
Gross Domestic Product: What GDP Means for Traders and Investors
 
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How to trade Gross Domestic Product (GDP) by Rowena Harris-Doughty of LCG http://www.financial-spread-betting.com/spreadbetting/LCG-compare.htm Learn more about trading GDP, its importance as a key indicator and the factors that influence GDP data. This important piece of economic data can cause wild swings in the financial markets. GDP is the broadest overall benchmark of economic activity and quantifies the production of goods and services within a given country. It is arguably one of the most important economic statistics and is calculated by adding up all expenditures on all final goods and services produced during the year.
Views: 1484 UKspreadbetting
Episode 132: How to Measure Gross Domestic Product
 
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Go Premium for only $9.99 a year and access exclusive ad-free videos from Alanis Business Academy. Click here for a 14 day free trial: http://bit.ly/1Iervwb View additional videos from Alanis Business Academy and interact with us on our social media pages: YouTube Channel: http://bit.ly/1kkvZoO Website: http://bit.ly/1ccT2QA Facebook: http://on.fb.me/1cpuBhW Twitter: http://bit.ly/1bY2WFA Google+: http://bit.ly/1kX7s6P Listen to Alanis Business Academy on the go by downloading our new podcast: iTunes: http://bit.ly/1dwKyWi Stitcher: http://bit.ly/PvPjoa Tunein: http://bit.ly/1gLsDH4 Gross domestic product, often referred to as GDP, is the total market value of all goods and services produced within a nation's borders over a specified period of time. Considered to be the income of a country, GDP is the most widely cited indicator and used to gauge the health of a nation's economy. In this video we'll discuss some of the different sources of spending included in the over gross domestic product of a country. After watching this video you'll have a better understanding of GDP as well as what is included in this popular indicator.
Gross Domestic Product
 
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This video is used to supplement the lesson on GDP https://www.teacherspayteachers.com/S...
Views: 2337 Darren Landinguin
Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
 
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Thinking about how different types of expenditures would be accounted for in GDP Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/examples-of-accounting-for-gdp?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 332363 Khan Academy
Gross Domestic Product | Economics | GDP | స్థూల దేశీయోత్పత్తి | Telugu
 
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స్థూల దేశీయోత్పత్తి అనగా ఏమిటి...? దానిని ఎలా నిర్వచిస్తారు...? స్తూలదేశీయోత్పత్తిని లేక్కిస్తున్నప్పుడు మాధ్యమిక వస్తువులను లెక్కించకుండా అంతిమ వస్తువులను మాత్రమే ఎందుకు లెక్కించాలి...? వంటి సందేహాలన్నీ తీరేలా మంచి ఉదాహరణలతో మరియూ మంచి యానిమేషన్స్ తో ఈ వీడియో మీకు విలువైన విజ్ఞానాన్ని అందిస్తుంది.
Views: 31403 Digital Reading
How GDP is calcualted in India | National Income | Gross Domestic Product Calculation
 
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Support us : https://www.instamojo.com/@exambin/ Download our app : http://examb.in/app GDP or National income measures the monetary value of the flow of output of goods and services produced in an economy over a period of time. While uncoding the definition we can easily figure out what is GDP. Measuring the level and rate of growth of national income (Y) is important for keeping track of: • The rate of economic growth • Changes to living standards • Changes to the distribution of income between groups within the population Gross Domestic Product • Gross domestic product (GDP) is the total value of output produced in a given time period • GDP includes the output of foreign owned businesses that are located in a nation following foreign direct investment. For example, the output produced at the Nissan car plant in Chennai contributes to the India’s GDP how gdp is calculated in india,how gdp is calculated There are three ways of calculating GDP - all of which in theory should sum to the same amount: National Output = National Expenditure (Aggregate Demand) = National Income (i) The Expenditure Method - Aggregate Demand (AD) The full equation for GDP using this approach is GDP = C + I + G + (X-M) where • C= Consumer spending • I = Investment (Gross fixed Capital Formation) • G= Government Spending • X= Exports • M= Imports ii. The Income Method – adding together factor incomes GDP is the sum of the incomes earned through the production of goods and services. This is: how gdp is calculated in india with example,gdp of india Income from people in jobs and in self-employment (e.g. wages and salaries) • + • Profits of private sector businesses • + • Rent income from the ownership of land • = • Gross Domestic product (by sum of factor incomes) Every year, billions of pounds worth of activity is not declared to the tax authorities. This is known as the shadow economy. And the money involved is commonly known as Black Money. Published figures for GDP by factor incomes will be inaccurate because much activity is not officially recorded. iii. GDP by Output (Value Added) Gross Value Added and Contributions to a nation’s GDP • There are three main wealth-generating sectors in an economy – manufacturing and construction, primary (including oil& gas, farming, forestry & fishing) and a wide range of service-sector industries. • This measure of GDP adds together the value of output produced by each of the productive sectors in the economy using the concept of value added. . gdp full form, gnp and gdp Value added is the increase in the value of goods or services as a result of the production process Value added = value of production - value of intermediate goods Say you buy an Onion Dosa from a restaurant for Rs.60/-. This is the retail price and will count as consumption. The Dosa has many ingredients at stages of the supply chain – Rice Growing farmers, Batter Makers, Onion Producers, Various Masala Ingredient Makers and also the value created by the restaurant as they put the Dosa together and deliver to the consumer. Manufacturing & Industrial Manufacturing is one of the production industries, which also include mining, electricity, water & waste management and oil & gas extraction. In 2016, the Indian manufacturing and Industrial sector accounted for 29% of total Indian GDP. national income,how gdp affects the economy,how gdp growth rate is calculated Manufacturing in the World Economy • The creative force behind 10bn unique products • It accounts for 15-20 per cent of world economy • It employs roughly about 5 pc of world population) The main service sector industries in India are: gdp how to calculate,how gdp is calculated in india, • The majority of Indian GDP comes from service industries such as banking and finance, software, tourism, retailing, education and health. In 2016, the service sector accounted for 54% of economic output, the Industry and manufacturing sector for 29% and the Agriculture sector for 17%. Agricultural and Allied Sector : gdp explained in telugu,gdp explained in tamil,gdp in simple language,gdp in simple words,gross domestic product,gross domestic product explained,Gross Domestic Product Calculation Agriculture sector includes Agriculture (Agriculture proper & Livestock), Forestry & Logging, Fishing and related activities AND its accounted for 17% of INDIA GDP 2016   Per Capita Gross National Income How much does each person earn on average? We use per capita measures to give us a guide to this. Income per capita is a way of measuring the standard of living for the inhabitants of a country. Gross National Income per capita = Gross National Income / Total Population
Views: 5652 Exambin
GDP Gross Domestic Product in the Forex Market
 
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Good morning traders, With the very important GDP figures coming out shortly from the GBP I thought it was time to go into how the GDP works and how it effects Forex traders. This video breaks down the key concepts and explains how it will effect the general economy of the country that the GDP represents. As well as what we can expect as Forex traders from the news results. If you can watch the upcoming GDP from the British Pound tomorrow, I strongly suggest you keep the chart open as well as the economic calendar from www.jpmarkets.co.za so you can see for yourself. If the results are close to what was expected then we won't see a massive move, but still worth watching. With the GBP at a pivotal moment this could the the fundamental indicator that gives us a good long term trend to jump in on!
Views: 152 JP Markets
10: Gross Domestic Product Report (GDP) (Part 1)
 
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10: Gross Domestic Product Report (Part 1) - ECONOMIC REPORTS FOR ALL MARKETS This is the 10th video in a series on economic reports created for all markets, or for those who simply have an interest in economics. In this lesson we cover the Gross Domestic Product Report. Check out the entire free forex course (in process): http://www.informedtrades.com/f7/ The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This section is on economic reports, and the information in it applies to all markets. Learn Forex for free! Take the entirely free course at the link above or on youtube. Practice live forex trading with real time charts and live price feeds for free while you learn. Get a totally free virtual trading account here- http://clk.atdmt.com/FXM/go/166058821/direct/01/ Link to the GDP Report: http://www.bea.gov/national/index.htm#gdp Text from video: The GDP report measures the output of goods and services produced by labor and property located in the United States. In other words, it measures the total economic production of the economy. If you have not already done so, I invite you to stop this video and watch my overview video on the GDP in the basic economics section. The GDP report is released quarterly by the Bureau of Economic Analysis. I'll post a link for the report in the text next to the video. The GDP report is the largest, most comprehensive report on the economy. While other reports focus in on individual sections, the GDP report looks at the entire economy. Economists use the GDP report to gauge growth in the economy. GDP expands when production increases. The increase in production creates jobs. The increase in jobs increases income. Some of this additional income will be spent increasing corporate income and profit. Some of this additional income will be deposited into banks which is then loaned out. This in turn causes more increases in production. However, increases in production can also lead to inflation and higher interest rates. GDP contracts when production decreases. When companies produce less, they need less employees. Higher unemployment means people earn less and spend less, causing corporate income and profits to drop. The Government, the Fed and the Treasury use fiscal policy and monetary policy to try and maintain a rate of slow expansion of the GDP which benefits the country in many ways including creating jobs. However, they have to keep the GDP from expanding too slow, or contracting, because it increases unemployment, and they have to keep the GDP from expanding too quickly because it causes inflation. Also, because the labor force in the US is growing, the GDP must expand at a rate of about 3% per year or more, or the unemployment level will increase. The GDP is reported in both current dollars and chained dollars. When the GDP total increases, it is important to know whether the increase came from increased production, or from inflation. GDP increases from more goods being produced is usually a good sign for an economy as more goods being produced increases supply and lowers prices. However, GDP increases due to inflation is considered a bad sign for the economy because price increases lower demand. The GDP statistics are reported two ways. The first is Current Dollars, also known as Nominal Dollars. The numbers in these sections include increases due to inflation. The second is Chained Dollars, also know as Real Dollars. In these sections, the inflation has been removed from the total by using something called a deflator, which is basically a correction factor applied to remove price increases. Real, or Chained Dollars are the statistics most economists look at as this shows the real change in production levels in the country. The statistics reported in the media use Real Dollars as well. An important point to mention is that most of the statistics are reported as an annualized number. In other words, the statistics show what the change would be for the whole year if the same amount of change remained consistent all year long. Looking at the report, there is a main table, Table 1, and several follow up tables. At the beginning of the report is a summary, and revisions for previous reports The data in table 1 is presented as a percent change from year to year and a precent change from quarter to quarter. Table 1 shows the GDP for the entire country. Table 1 is then broken down into 4 main categories- Personal Consumption Expenditures, Gross Private Domestic Investment, Net Exports of Goods and Services, and Government Consumption Expenditures and Gross Investment. Music: GDP Report Part 1 Danse Macabre - Low Strings Finale (Theme) Griphop Plans In Motion Machinations Home Base Groove Kevin MacLeod incompetech.com
Views: 4638 InformedTrades
Gross domestic product  | Sectors of the Indian Economy  | Economics |CBSE Class 10 Social Sciences
 
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Please watch: "How to Set Time Table | Live Videos | NCERT | CBSE | Class 5 to 10 | For All Students" https://www.youtube.com/watch?v=VmkyxoQAKU0 -~-~~-~~~-~~-~- This video is a part of Pebbles CBSE Syllabus Live Teaching Videos Pack. Class 6 to 10th Subject Packs are available in all leading Book Stores in all over India. For online purchase of our products. visit www.pebbles.in To watch the rest of the videos buy this DVD at http://www.pebbles.in Engage with us on Facebook : https://www.facebook.com/PebblesChennai Twitter: https://twitter.com/PebblesChennai Google+: https://plus.google.com/b/116349844333442514419/116349844333442514419/posts?pageId=116349844333442514419 Playlist: https://www.youtube.com/playlist?list=PLiPy3hM238v4v_7uti7pYwFdYCNMr4j4N Share & Comment If you like
Gross Domestic Product explained simply by Sunny Gulve (in Gujarati)
 
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Gross Domestic Product (GDP) explained simply by Sunny Gulve (in Gujarati)
Economics- Gross Domestic Product ( GDP )/GNP/ National income (N. I) in Hindi
 
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This channel provide you all around growth in field of education.
Views: 1812 EXAM CRACKER
GDP (Gross Domestic Product)
 
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Knowledge Punk presents Gross Domestic Product (GDP) in 101 Seconds. GDP, or Gross Domestic Product, is a measure of the total economic activity of a country within a specific period of time, usually a year. It is considered to be a reasonably useful indicator of a state's overall economic health and standard of living. The simplest and most direct method for measuring GDP is the expenditure method, which is represented by the following equation: GDP = C + G + I + NX, where: -C- = private consumption -G- = government spending -I- = gross investment -NX- = net exports (i.e. exports minus imports) GDP can also be measured by the output measure (the value of goods and services produced by all sectors of the economy) and the income measure (the value of incomes in terms of profits and wages). Theoretically, all three measures should yield the same value. At nearly 16 trillion dollars in 2012, the US has the world's largest GDP. The next highest is China, at just half this amount, with around 8 trillion dollars. Japan, Germany and France complete the top 5. Although GDP offers a useful economic snapshot of whether a national economy is improving or declining, it does not give a complete picture of a country's wealth. For example, it ignores the hidden or "black" economy, and the figure is not adjusted for inflation of deflation.
Views: 54 UniversityofShed
Gross Domestic Product (GDP)- INE Spain
 
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It is described what gross domestic product (GDP) is, who calculates it, for which purpose it is used and how and when it is published.
Views: 1350 INEDifusion
E2.1 : Gross Domestic Product (GDP) and Gross National Product (GNP)
 
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Views: 3214 SSCbaba
Gross Domestic Product | Sustainable Development with Equity | Social Science | Class 10
 
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This video is a part of Pebbles AP Board & TS Board Syllabus Live Teaching Videos Pack. Class 6th to Class 10th and Intermediate Subjects Packs are available in all leading Book Stores in AP and TS. For online purchase of our products. visit www.pebbles.in To watch the rest of the videos buy this DVD at http://www.pebbles.in Engage with us on Facebook : https://www.facebook.com/PebblesChennai Twitter: https://twitter.com/PebblesChennai Google+: https://plus.google.com/b/116349844333442514419/116349844333442514419/posts?pageId=116349844333442514419 Playlist: https://www.youtube.com/playlist?list=PLrn2lobWkqKnafYVeE4OavSAmYIq7nO9R https://www.youtube.com/playlist?list=PLrn2lobWkqKnpwF3JBaGFS7rpLkgS0n61 Share & Comment If you like
Views: 4876 PRATHIBHA

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