It should be noted that GDP deflator simply measures the changes in price for goods and services.
<h3>What is GDP?</h3>
Your information is incomplete as the figures aren't given. Therefore, an overview will be given.
Gross domestic product simply means the total monetary value of the finished goods and services that are produced in a country.
The formula for calculating the GDP deflator will be:
= Nominal GDP/Real GDP × 100
Also, the formula fro calculating real GDP per capita will be:
= Real GDP/Total population
In conclusion, the real GDP is the GDP of a country that has been adjusted for inflation.
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Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. The principal at the end of 3 years is $248.
<h3>What is simple interest?</h3>
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
SI = (P × R × T)/100
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
The principal at the end of 3 years is,
Principal after 3 years = P + (P × R × T)
= $200 + ($200 × 0.08 × 3)
= $200 + $48
= $248
Hence, the principal at the end of 3 years is $248.
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Answer:
The correlation in this problem is that the graph is increasing.
P(100-68)/100=104
p(32)/100=104
32p=10400
p=325
There are 325 pages in the book.
