Use the following table to answer question 12 and 13 12. Inflation between 2000 and 2001 was approximately 2.5 percent 3.0 percent 3.8 percent 6.3 percent QUESTION 15 In an economy, Real GDP for year 2010 (base year =2001 ) is $400 billion and the GDP deflator 2010 (base year =2001 ) is 110. Calculate the Nominal GDP for 2010. $280 bililion 5440 billion $4400 bilion $510 billion.