Submit quiz The accompanying table shows data for real and nominal GDP for a hypothetical economy over several Real GDP years. Nominal GDP (billions of GDP Year (billions of $) 2016 $) Deflator a. Calculate the GDP Deflator for 2017-2022. Enter the values in the accompanying table. 2017 788.0 814.6 96.7 b. Compute the total percentage change in the nominal GDP from 2017 to 2022. How much of this 2018 826.3 845.1 97.8 change was due to increases in prices and how much was due to changes in quantities? 2019 855.4 855.4 100 The total percentage change in nominal GDP from 2017 to 2022 is 26.1%. 2020 907.8 896.0 101.3 (Enter your response rounded to one decimal place.) 2021 948.6 925.7 102.5 2022 993.4 960.2 103.5 This increase in nominal GDP was due (in part) to an increase in prices of% (Enter your responses rounded to one decimal place.) (Enter your response rounded to one decimal place.) This increase in nominal GDP was due (in part) to an increase in quantities of% (Enter your response rounded to one decimal place.)