September 11, 1917 – September 28, 1989) was a Filipino politician[3][4][5] and kleptocrat[6][7][8][9][10] who was the tenth President of the Philippines from 1965 to 1986. A leading member of the New Society Movement, he ruled as a dictator[3][11][12][13] under martial law from 1972 until 1981,[14] and kept most of his martial law powers until he was deposed in 1986. One of the most controversial leaders of the 20th century, Marcos' rule was infamous for its corruption,[15][16][17] extravagance,[18][19][20] and brutality.
Answer:
Explanation:
It should be understood that the nominal GDP is the total value of all goods and services produced in a given time period, usually quarterly or annually with inflation, while that of Real GDP is the inflation-corrected value of goods.
This means that the inflation during year B is higher than that of year A and that's why the nominal GDP of year B is a bit lower than that of year A.
Answer:
European nations aimed to decrease how much merchants were taxed, believing this would increase trade and the nation’s wealth.
Explanation:
During the constitutional convention, the commerce and slave trade compromise gave congress the power to regulate commerce