Collect real and nominal GDP (current prices) data of Laos during the last 15 years. Compare the real and nominal GDP and give your comments on these two values? (Hints: Comment on the trend of nominal and real GDP; Is nominal GDP always larger than real GDP? Why? Is there any period that nominal GDP is smaller than real GDP? Why?

Discuss if the informal sector exists in this economy and if it's counted toward GDP? Why or why not?