Refer to Table 13 -Refer to Table 13

Multiple Choice

Refer to Table 13.2 for the following questions.
Table 13.2
$$\begin{array} { | l | c | c | } \hline & \mathbf { 2 0 1 7 } & \mathbf { 2 0 1 8 } \\\hline \text { Nominal GDP } & \$ 12000 & \$ 13000 \\\hline \text { Real GDP } & \$ 9500 & \$ 10500 \\\hline\end{array}$$
-Refer to Table 13.2.What can we say has happened in the economy from 2017 and 2018?

A) The price level has fallen.
B) The price level has risen.
C) The price level has remained constant.
D) Not enough information is available to determine what has happened to prices.