Calculate GDP In a fictional economy, GDP in 2008 (valued at 2008 prices) was $1.5 trillion. In 2009, GDP(valued at 2009 prices) was $1.75 trillion. However, inflation (the increase in the general level of prices) was 6%between 2008 and 2009. The price index in 2008 is 100%. 1. What is the nominal GDP growth rat… Show more… Show more Business Economics ECONOMICS 101 Share QuestionEmailCopy link Comments (0)