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Please could you assist with the bolow Economics question. 2.18 If a country produces only bread, butter and milk, given the following information in the

Please could you assist with the bolow Economics question.

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2.18 If a country produces only bread, butter and milk, given the following information in the table, which option regarding nominal GDP and real GDP is correct? (Use 2013 as the base year.) Loafs of bread Bricks of butter Litres of milk Price Quantity Price Quantity Price Quantity 2013 5 150 12 90 8 200 2014 6 161 16 95 8 220 2015 8 170 17 102 10 250 [1] nominal GDP of 2015 = 5 103 [2] real GDP of 2014 = 4 246 [3] real GDP of 2015 = 4 074 [4] nominal GDP of 2014 = 3 940

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