Which option correctly connects Nominal vs Real with New York State?

• A seasonally adjusted annual rate scales a quarter’s pace to an annual rate rather than reporting literal one-quarter production.
• State GDP rankings should compare the same year, same metric, and same data release.
• GDP per resident is not equivalent to average wages, household income, or personal income.
• Current-dollar GDP can rise because of higher prices as well as higher production, while real GDP adjusts for price changes.