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kirza4 [7]
3 years ago
7

Who calculates the gross domestic product?

History
1 answer:
Dennis_Churaev [7]3 years ago
6 0

Answer:

hope you like it

Explanation:

Calculating the GDP Deflator

Consider a numeric example: if nominal GDP is $100,000, and real GDP is $45,000, then the GDP deflator will be 222 (GDP deflator = $100,000/$45,000 * 100 = 222.22). In the U.S., GDP and GDP deflator are calculated by the U.S. Bureau of Economic Analysis.

The Central Statistics Office (CSO) calculates India's GDP. It comes under the Ministry of Statistics and Program Implementation.

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In the 1200s, the way both European and East Asian society is pretty much the same. They both believed in the idea that there were a certain bloodline that must be obeyed  the rest of the people and will be granted with the right to rule over them. There were basically no punishment for nobles who violate the rights of the commoners.

Even the way they operate their military is similar. They teach the value of 'Honor' to the soldiers as a basic principle in order to make them not afraid to sacrifice their lives in the battle field.

Between 1300 - 1600, European nations entered the renaissance period. The previous belief which made people think that nobles have the right to rule over everything were gradually changing. They started to developed the idea that the government should exist to protect the people, not the other way around. This was when the idea of democratic government started to expanded across Europe.

On the other hand, this idea just became popular in East Asia in mid 1500s. They also didn't get as much momentum as the one in Europe. As a result, East  still adopted a very constricted view on human rights within this period and Government role's to protect it. Even in mid 1900s, japan still joined forces with the Nazi because they believed that they are destined to rule over Asia.

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