Consider a simple economy that produces two goods: beers and donuts. The following table shows the prices and quantities of the goods over a threeyear period. Use the information from the preceding table to fill in the following table. From 2020 to 2021, nominal GDP , and real GOP The inflation rate in 2021 was Why is real GDP a more accurate measure of an economy's production than nominal GOP? Nominat GDP is adjusted for the effects of inflation or deflation, whereas real GDP is not. Reat GOP measures the value of the goods and services an economy produces, but nominal GDP measures the value of the goods and services an economy consumes. Real GOP is not infuenced by price changes, but nominal GOP is