Using the following table, calculate the growth rate in nominal GDP from 2000 to 2001: Nominal GDP $14.2 billion $14.7 billion 0 [$14.7 + $14.2] = 1.035 or 103.5% Nominal growth 0 [$14.7 $14.2] + $14.7 = 0.034 or 3.4% Nominal Growth 0 [$14.7 - $14.2]+ $14.2 = 0.035 or 3.5% Nominal Growth