QUESTION 1 In 2000: INDUSTRIALLAND had a nominal GDP of $10 billion and a GDP deflator of 100. In 2020 INDUSTRIALLAND had a nominal GDP of $22.5 billion and a GDP deflator of 150. a. What is real GDP of INDUSTRIALLAND in 2020 b. What is the percentage change in nominal GDP from 2000 to 2020? c. What is the percentage change in real GDP from 2000 to 2020? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph v Arial 10pt V V V A v T E E E E X2 X2 IT The - + V X EXE O (? P 0 WORDS POWERED BY TIN