Which statement best summarizes Delaware’s real GDP?

• Nominal GDP and land area answer different questions because one uses current prices and the other adjusts for inflation
• Nominal GDP and real GDP answer different questions because one uses current prices and the other adjusts for inflation
• Nominal GDP and nominal population answer different questions because one uses current prices and the other adjusts for inflation
• Nominal GDP and retail headcount answer different questions because one uses current prices and the other adjusts for inflation