Nominal GDP ​

/in /by

Hello.

Nominal GDP  ​$20,658.2

Real GDP  $18,665.0

Potential real GDP  $17,582.5

The GDP deflator is 110.68 (please double check that number)

Please explain how to figure below.

Relative to potential real​ GDP, real GDP is __________ percent above potential real GDP.

Thank you!

 
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