Suppose a simple economy produce only two goods, pillows and rugs. In the first year, 50 pillows are produces and sold at $5 each; 11 rugs are produces and sold at $50 each. In the second year 56 pillows are produces and sold at $5 each; 12 rugs are produced and sold at $60 each. What is nominal GDP in each of the two years? And what is the growth rate of Nominal GDP?