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:
Conquistadors or conquistadores were the invaders, knights, soldiers, and explorers of the Spanish and the Portuguese Empires.
In Versailles, as you may already know, was build for King Louis XIV
He was a very unfair ruler. He only cared about himself. Along with Louis, nobles lived in Versailles. Louis kept them there to keep them in check. He didn't want them
To turn on him. The nobles got to stay in the wonderful Versailles and partied everyday. The parties were expensive! And the poorest people in France had to pay high taxes to pay for all of the fun that the nobles and Louis had. King Louis XIV of France was very unfair and unjust. When he died, he left France in thousands of dollars in debt.
Answer:
Dear director.
Through this note, I <u>highlight</u> the importance of <u>creating</u> a school tutor club at our school. This club would consist of <u>selecting</u> students who have been notable in all subjects, <u>making</u> them tutors and <u>allowing</u> them to <u>help</u> other students who have difficulties in the subjects <u>tutored</u> by them.
This club <u>could hold meetings</u> once a week, where students <u>could get </u>together <u>to receive help</u> from them and be <u>taught </u>how <u>to do</u> better in their subjects. This <u>could promote</u> the academic quality of our school, <u>allowing</u> students <u>to have</u> higher and higher grades due to <u>tutoring</u>.
Explanation:
In the text above, each verb was underlined, while each subject was placed in bold.
To differentiate these two grammatical classes, it is necessary to know that the verb is any word that indicates an action, a thought or reaction and a phenomenon of nature. The subject, on the other hand, is the term that is doing what the verb indicates, being very well associated with it and showing a type of "protagonist" in the sentence.
An absolute monarchy has complete control over everything and everyone <span />