Suppose the real GDP equals $100 billion this year and nominal GDP is $200 billion.How much has the price level increased since the base year?

Name: Suppose the real GDP equals $100 billion this year and nominal GDP is $200 billion.How much has the price level increased since the base year?
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Question

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The price level has increased by 100 percent since the base year. This is because nominal GDP ($200 billion) is twice the real GDP ($100 billion), indicating that prices have doubled since the base year.

Suppose the Real GDP Equals $100 Billion This Year and Nominal