Consider the following data on U.S. GDP:

Year	Nominal GDP	GDP Deflator
(Billions of dollars)	(Base year 2009)
2018	20,501	110.40
1998	9,063	75.30

The growth rate of nominal GDP between 1998 and 2018 was , and the growth rate of the GDP deflator between 1998 and 2018 was . (Hint: The growth rate of a variable XXover an NN-year period is calculated as 100((XfinalXinitial)(1N)1)100XfinalXinitial1N1)

Measured in 2009 prices, real GDP was billion in 1998 and billion in 2018. (Note: Select the answers closest to the values you compute.)

The growth rate of real GDP between 1998 and 2018 was .

The growth rate of nominal GDP between 1998 and 2018 was than the growth rate of real GDP.