GDP is the total sum of the wealth produced in a country over a given period of time, usually one year. Nominal GDP is GDP at current prices, while nominal GDP is deflated GDP, ie, discounted inflation. Thus, if the inflation rate is 5% = 0.05, we have to use the formula for the real GDP calculation:
Real GDP 2018 = Nominal GDP / 1+ inflation rate
Real GDP = 315 / 1.05 = $ 300 (in billions).
To calculate the GDP growth rate between 2017 and 2018, just narrow the difference between real GDP for both years and divide by the value of real GDP for 2017. The result must be multiplied by 100 to find the percentage value.
GDP growth rate = {(300 - 273) / 273} * 100 = 9.89%
Answer:
D
Explanation:
out of the above options the most important one that is highlighted is power divided between National and state governments . Before the United States Constitution when we had the Articles of Confederation, power was divided between the national and state governments but not fairly . it seemed that state governments have more power than the national government and that created a lot of problems within the economy and within the law system and within the country itself. When we created the Constitution of the United States of America we use the system called checks and balances which made sure that no one branch or no state government had more power than another and we made sure that power was divided between the national and state governments power was divided between the national and state governments but not fairly . it seemed that steak of Herman's had more power than the national government and that created a lot of problems with in the economy and within the law system and within the country itself. When we created it cost to shine of the United States of america we used a system call checks and balances which made sure that no one branch or no state governments had more power than another and we made sure that power was divided between the Nationals take governments . Currently the national government is higher up than a state government but the state government does still have a lot of Liberties like creating schools and Roads
In 1763, at ethe end of the French and Indian War, the British issued a proclamation,mainly intended to conciliate the Indians by checking the encroachment of settlers on their lands. In the centuries since the proclamation, it has become one of the cornerstones of Native American law in the United States and Canada.
The correct answer is letter D
Mahatma Gandhi was a recognized Indian activist who fought during the 1920s and 1940s for the end of the English colonial regime and for India's independence.
