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Economists need to take the fact that the prices were higher in 2008 than in 1978 into account to compare the two years accurately. Because prices for products and services tend to rise over time, the inflation rate is positive in most years. For this reason, nominal GDP rates are typically higher than real GDP rates.
Yes it is possible nominal GDP to increase and real GDP to decrease for same time period, given following conditions-. 1  There is high inflation condition in the economy. This will automatically increase the nominal GDP without any real increase in GDP.(as prices of all goods and services will be increased). real GDP will decrease only when there is negative GDP growth. This will reduce the GDP size of the economy.