A country reported nominal GDP of $100 billion in 2008 and $75 billion in 2007.It also reported a GDP deflator of 125 in 2008 and 120 in 2007.Between 2007 and 2008,

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The GDP deflator increased from 120 in 2007 to 125 in 2008, indicating that the price level rose. However, the nominal GDP increased from $75 billion in 2007 to $100 billion in 2008, suggesting that real output also increased. Therefore, both real output and the price level rose between 2007 and 2008.

A Country Reported Nominal GDP of $100 Billion in 2008