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Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year Nominal GDP Real

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Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year Nominal GDP Real GDP GDP Deflator 2009 2010 $551.2 2011 $600.6 2012 100 106 $500 $546 $600.6 120 What was the growth rate of nominal gross domestic product (GDP) from 2010 to 2011? Round to the nearest second decimal. O 10.00 percent O 4.94 percent 8.96 percent 8.23 percent 5.00 percent

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