The Table Below Gives the Quantities and Prices for 2010

question 93

Multiple Choice

The table below gives the quantities and prices for 2010 and 2015 for an economy that produces just two goods: sailboats and coconuts. For this economy that produces just sailboats and coconuts, and with 2010 is the base year, nominal GDP was approximately ______ times larger in 2015 than it was in 2010.

• A) 1.34
• B) 1.65
• C) 1.77
• D) 2.19