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%
Federal Communications Commission (FCC) regulates the television and radio industries.
Answer: Option B
<u>Explanation:</u>
The Federal Communication Commissions (FCC) exercises its control over radio frequency, broadband access, the usage of media in a safe and responsible manner etc. This is a government agency set by the Government of the United State of America to regulate the television and radio industries.
This body oversees the communications happening in other North American countries like Canada and Mexico. The Federal Communication Commission was implemented to replace the previously existing Federal Radio Commission.
Answer:
the answer is C, I took the quiz
Explanation:
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