Use the table to answer the question that follows. Year Price of X Quantity of X Price of Y Quantity of Y 1 $8 5 $9 7 2 $5 5 $7 7 The economy produced only two goods with the prices and quantities of each good for year 1 and year 2 shown in the table. Which of the following describes the state of the economy in year 2? (1 point) The economy is going through a deflation, and the nominal GDP has decreased. The economy is going through an inflation, and the nominal GDP has increased. The economy is going through a disinflation, and the nominal GDP has decreased. The economy is going through a stagflation, and the nominal GDP has increased. The economy is going through a deflation, and the nominal GDP has increased