Suppose that, from 2014 to 2015, nominal GDP increased by 3 percent and real GDP increased by 5 percent.What do these changes indicate?

Name: Suppose that, from 2014 to 2015, nominal GDP increased by 3 percent and real GDP increased by 5 percent.What do these changes indicate?
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If nominal GDP increased by 3% and real GDP increased by 5%, it indicates that the price level has decreased, as real GDP accounts for inflation and shows a larger increase than nominal GDP.

Suppose That, from 2014 to 2015, Nominal GDP Increased by 3