Assume that hourly wage measured in the 2010 price level is $10 and $20 for 2010 and 2020, respectively. The GDP deflator is 100 in 2010 and 250 in 2020. Which of the following statements is correct for the 2010-2020 decade? Group of answer choices Inflation, as measured by GDP deflator, rose 200% over the decade. Real wage rate income rose 250% over the period. The $10 in 2010, measured in 2020 dollars, is equivalent to $25. Nominal wage rate rose 50% over the period