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1. A volume index based on comparing prices in period 3 with prices in period 1 has a value of 109, a volume index based
1.A volume index based on comparing prices in period 3 with prices in period 1 has a value of 109, a volume index based on comparing prices in period 2 with prices in period 1 has a value
of 102 and a volume index based on comparing prices in period 3 with prices in period 2 has a value of 105. If GDP measured at current prices in Year 1 (the reference year) was $400 million then the chain volume measure of real GDP in period 3 would be
(A)$400.00 million
(B)$428.40 million
(C)$436.00 million
(D)$373.84 million
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