The federal tax, lead by the Treasurer of The United States. Hamilton himself was the first treasurer of The United States, which lead many to believe that he was committing fraud.
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:
reneawable
Explanation:
A renewable resource is one that can be used repeatedly and does not run out because it is naturally replaced. A renewable resource, essentially, has an endless supply such as solar energy, wind energy, and geothermal pressure.