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Nominal GDP in a Country Was $8,759

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Nominal GDP in a country was $8,759.9 billion in 2009 and $9,254.6 billion in 2010.The GDP deflator was 102.86 for 2009 and 104.37 for 2010.
(a)What is the growth rate of nominal GDP between 2009 and 2010?
(b)What is the inflation rate from 2009 to 2010?
(c)What is the growth rate of real GDP from 2009 to 2010?


Definitions:

Emotional Satisfaction

The state of being content or fulfilled in one's emotional needs and desires.

Social Loafing

The tendency of individuals to expend less effort when working in a group compared to when working alone.

Group Member

An individual who is a part of a collective or team, contributing to the group's objectives and activities.

Group Cohesion

The strength of the relationships linking members of a group to one another and to the group itself.

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