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Multiple Choice Question Below are the prices and output for three years. Using Year 1 as the base year, what is the real GDP for

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Multiple Choice Question Below are the prices and output for three years. Using Year 1 as the base year, what is the real GDP for Year 2? Year 1 Year 2 Year 3 Item Price Quantity Price Quantity Price Quantity Ice Cream $5 10 $6 12 $7 9 Sweaters $40 5 $50 4 $60 5 Shoes $100 3 $105 3 $110 4 O $450 O $587 O $625 O $520

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