Gala Land produces three final goods: soccer balls, chocolate bars, and running shoes. The table below shows this year's output and price for each good. OUTPUT AND PRICES IN GALA LAND This Year's Output This Year's Price 200 soccer balls $10 per ball 800 bars of chocolate $2 per bar 100 pairs of running shoes $50 per pair (a) Calculate this year's nominal gross domestic product (GDP). (6) Assume that in Gala Land the GDP deflator (GDP price index) is 100 in the base year and 200 this year. Calculate each of the following: 1) The inflation rate, expressed as a percentage, between the base year and this year (11) This year's real GDP () Since the base year, workers have received a 40 percent increase in their nominal wages. If workers face the same inflation that you calculated in part (b)), what was happened to their real wages? Explain.