You conjecture that sales growth in the auto industry depends on GDP growth. To verify this conjecture, you run a regression of real sales growth versus real GDP growth using data from 2000-2014 (real sales are computed with 2014 as the base year), and get the following results:

Assume that auto industry sales in 2013 and 2014 were $135 billion and $150 billion. In 2015, the forecasted real GDP growth rate is 2% and inflation rate is 4%.

1. What is the projected real growth rate in sales of the auto industry in 2015?

4.14%, 4.48%,6.22%,4%,6.14%

2.What is the projected nominal growth rate in sales of the auto industry in 2015?

6.22%,8.14%,8.31%,4.14%,4%