The GDP price index in the United States in 2003 was about 94,and real GDP in 2003 was $11.6 trillion (2005 dollars). The GDP price index in the United States in 2007 was about 106,and real GDP in 2007 was $13.0 trillion (2005 dollars).Calculate nominal GDP in 2003 and in 2007 and the percentage increase in nominal GDP between 2003 and 2007.>>> Answer below to 1 decimal place.

• Nominal GDP in 2003 is ________
• Nominal GDP in 2007 is ________.
• The percentage increase in the nominal GDP between 2003 and 2007 is _______________.