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%
Charter Colony (so called because the document given to the company by the English King was called a charter)
Answer:
might hinder and effect the working of civilians, private sectors.
Explanation:
Undoubtedly, there is no hesitation at all that regulations are being provided by the regulatory bodies that are being set up by the Government. A lot of regulations in the private sector will mean that they will be limited when it comes to power, and hence they might not be able to work properly. Just a few days back, a space test was conducted to bring back astronauts if something wrong happens, and Elon Musk has to do a lot with this. If he would have been regulated by the government, then he might and certainly not had been able to accomplish this great work. Regulations are good but not too much of them.
1. No confidentiality. This is the deadliest downfall of crowdsourcing. ... Putting your naming challenge out for crowdsourcing can clue in competitors to what you're up to and make it possible for someone else to see your great new idea and run away with it.
I believe the answer is: Script
In psychology, script would determine the set of behaviours that a person tend to do when facing a certain situation. The formation of script usually influenced by several factors, including knowledge, previous experience, relationship with other people, or even personalities.