Anything and Everything

Economic growth Economic growth  is the increase in the inflation-adjusted  market value  of the goods and services produced by an  economy  over time. It is conventionally measured as the percent rate of increase in real  gross domestic product , or real GDP. [1] Growth is usually calculated in  real  terms - i.e.,  inflation-adjusted  terms – to eliminate the distorting effect of  inflation  on the price of goods produced.  Measurement of economic growth  uses  national income accounting . [2]  Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure. The economic growth rates of nations are commonly compared using the ratio of the  GDP  to population or per-capita income. [3] The "rate of economic growth" refers to the geometric annual rate of growth in GDP between the first and the last year ov...

Front End Processor (FEP) A  front end processor  (FEP), or a  communications processor , is a small-sized  computer  which interfaces to the  host computer  a number of  networks , such as  SNA , or a number of  peripheral devices , such as  terminals ,  disk units ,  printers  and  tape units . Data is transferred between the host computer and the front end processor using a high-speed  parallel interface . The front end processor communicates with peripheral devices using slower  serial interfaces , usually also through communication networks. The purpose is to off-load from the host computer the work of managing the peripheral devices, transmitting and receiving messages, packet assembly and disassembly, error detection, and error correction. [1]  Two examples are the  IBM 3705 Communications Controller  and the  Burroughs  Data Communications Processor. MORE BLOGS A...