<span>If nominal Gdp
= $4.5 trillion and the
Gdp deflator is 150, then real Gdp is equal to 3 trillion. </span><span>According to
investopedia, “GDP stands for gross domestic product and is the measure of the
total economic output of the goods and services of a country. GDP is usually
expressed on an annual basis, but is sometimes expressed on a quarterly basis
within a year”. While Real GDP is defined as “equal to the economic output adjusted for the
effects of inflation. Nominal GDP is economic output without the inflation adjustment”.Lastly,
Nominal GDP is defined as usually higher than real GDP because inflation is
typically a positive number. Nominal GDP is used when comparing different
quarters of output within the same year. When comparing the GDP of two or more
years, real GDP is used because, by removing the effects of inflation, the
comparison of the different years focuses solely on volume. </span>
Answer:
Technology has advanced in this era to ease the life of humans. The latest technology is used by the businesses to provide their customers best services. The technology has also provided customers to reject and stop unwanted advertisements. They can block the advertisement messages they do not wish to receive any more.
Explanation:
The technological advancement has provided ways for business development to media and advertisement industry but it has also created negative impact to the industry. The customers block the advertisement messages which they do not find feasible. The advertisement may go wasted because the impact of advertisement did not reached the customers.
The formula that can be used to find interest rate is Interest rate = (In 2) / 6.
<h3>What is the formula that can be used to determine the interest rate?</h3>
When a bank account is growing with continuous compounding, it means that both the interest accrued and the amount deposited increases continually over a specified period of time.
When the investment doubles, it means that if the future value of the investment is divided by the present value of the investment, the value would be two.
Interest rate = (In FV / PV) / number of years it would take the investment to double
Where:
- FV = future value
- PV = present value
- FV / PV = 2
Interest rate = (In 2) / 6
To learn more about continuous compounding, please check: brainly.com/question/26476328
#SPJ1