Suppose nominal GDP for a country in year 1 is $5 billion, but it increases to $10 billion in year 2. If the GDP deflator was 60 in year 1 and rose to 100 in year 2, in which year did this country produce more goods and services overall?

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The Answer of Suppose nominal GDP for a country in year 1 is $5 billion, but it increases to $10 billion in year 2. If the GDP deflator was 60 in year 1 and rose to 100 in year 2, in which year did this country produce more goods and services overall?

Suppose Nominal GDP for a Country in Year 1 Is