Suppose a nation produces only 2 goods: pizza and soda. In 2021 20 pizzas are sold at $10 each and 10 sodas are sold for $1 each. In 2018, the base year, 10 pizzas were sold at $8 each and 10 sodas were sold at $1 each. Therefore, nominal GDP in 2021 is _________ and real GDP in 2021 is__________.
