# Question: the table shows this years nominal gdp and the price...

###### Question details

The table shows this year's nominal GDP and the price level.

If nominal GDP goes up by 4 percent, and the price
level goes up 2 percent next year, calculate next year's nominal
GDP, price level, and Real GDP.

Nominal GDP (in millions) Price Level Real GDP (in millions)

This year $2,200.0 100 2200.0

Next year
__.
__. __

With the answer can you explain how you get nominal and real GDP?

Thank you!