For the year 2016, nominal GDP is $200 and real GDP is $200 For the year 2017, nominal GDP is $600 and real GDP is $350. What is the inflation rate? 25 %. 15 %. O 7.1%. O 71%.

For the year 2016, nominal GDP is $200 and real GDP is $200 For the year 2017, nominal GDP is $600 and real GDP is $350. What is the inflation rate? 25%. 15%. 7.1% 71%