If Nominal GDP Increased 2 Percent During a Year, While

Multiple Choice

If nominal GDP increased 2 percent during a year, while real GDP increased 4 percent, the

A) price level must have increased approximately 2 percent compared to the prior year.
B) price level must have decreased approximately 2 percent compared to the prior year.
C) price level must have decreased approximately 50 percent compared to the prior year.
D) unemployment rate must have increased during the year.