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Terana's nominal GDP rose from $400 billion in 2019 to $430 billion in 2020. During the same period, the inflation rate was 4%. Round

Terana's nominal GDP rose from $400 billion in 2019 to $430 billion in 2020. During the same period, the inflation rate was 4%. Round your answers below to one decimal place. a. By what percentage did nominal GDP increase between 2019 and 2020? Nominal GDP increased by % between 2019 and 2020. b. By what percentage did real GDP increase between 2019 and 2020? Real GDP increased by % between 2019 and 2020.

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