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The Table below shows the GDP deflator and Nominal GDP of Meatland for the years 1997-1998. A) What was Real GDP in 1998? B)

The Table below shows the GDP deflator and Nominal GDP of Meatland for the years 1997-1998. A) What was Real GDP in 1998? B) What was the percentage level of price increase in 1998? C) What is the percentage increase in Real GDP in 1998? year 1997 1998 GDP deflator 1.25 1.30 Nominal GDP $2625 $2860

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