A country reported nominal GDP of $200 billion in 2008 and $180 billion in 2007.It also reported a GDP deflator of 125 in 2008 and 105 in 2007.Between 2007 and 2008,

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The nominal GDP increased, but the GDP deflator, which measures price level changes, also increased significantly. This suggests that the increase in nominal GDP was due to higher prices rather than an increase in real output, indicating that real output fell while the price level rose.

A Country Reported Nominal GDP of $200 Billion in 2008