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An occasional variant used in the 1990s was the Double Lehman formula, which doubled the percentages but skipped odd numbers. 10% of the first $1 million, plus; 8% of the second $1 million, plus; 6% of the third $1 million, plus; 4% of the fourth $1 million, plus; 2% of everything above $4 million.
E.g. with an advance report of a $400 billion increase of a $10 trillion GDP, for example, one could be 95% confident that the range in which the exact GDP dollar amount lies would be 0.0 to 3.3% different than 4.0% (400 ÷ 10,000) or within the range of $0 to $330 billion different than the hypothetical $400 billion (a range of $70–730 billion).
The notional value of derivative contracts held by US financial institutions is $216.5 trillion, or more than 15 times US GDP. [35] The fair value of US-held derivatives contracts in the first quarter of 2010 was $4,002 billion (28.1% of GDP) for positions with positive values (known as "derivatives receivables"), and $3,886 for positions with ...
It refers to the total value of net wealth possessed by the residents of a state at a set point ... (in billions USD) Country 2000 Country 2005 ... 15.6%: 3.9%: 4.0%:
Annual budget. NASA's budget for financial year (FY) 2020 is $22.6 billion. [1] It represents 0.48% of the $4.7 trillion the United States plans to spend in the fiscal year. [2] Since its inception the United States has spent nearly US$650 billion (in nominal dollars) on NASA.
The number of trees that are net lost annually is estimated to be approximately 10 billion. [ 62 ] [ 63 ] The global average annual deforested land in the 2015–2020 demi-decade was 10 million hectares and the average annual net forest area loss in the 2000–2010 decade 4.7 million hectares, according to the Global Forest Resources Assessment ...
Gross world product. The gross world product (GWP), also known as gross world income (GWI), [1] is the combined gross national income (previously, the "gross national product") of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product ...
The federal government spent approximately $600 billion during 2016 on the Cabinet Departments and Agencies, excluding the Department of Defense, up $15 billion or 3% versus 2015. This represented 16% of budgeted expenditures or about 3.3% of GDP. Spending is below the recent dollar peak of $658 billion in 2010. [51]