Suppose the following data describe output in two different years: Item Year 1 Apples Year 2 30,000 @ $0.30 each 750 @ $800 each 12,000 @ $2.00 each 20,000 @ $0.25 each 700 @ $800 each 10,000 @ $1.00 each Bicycles Apps a. Compute nominal GDP in each year. $ 575,000 Year 1: Year 2: b. By what percentage did nominal GDP change between Year 1 and Year 2? Percentage change = [(new value - original value)/original value]*100 Instructions: Round your response to one decimal place. Nominal GDP increased by C. Now compute real GDP in Year 2 by using the prices of Year 1. Real GDP: d. By what percentage did real GDP increase between Year 1 and Year 2? Percentage change = [(new value - original value)/original value]*100 Instructions: Round your response to one decimal place. Real GDP O by C