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Production Prices Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Good X 60 80 100 $1.00 $1.00 $1.40 Good Y 100

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Production Prices Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Good X 60 80 100 $1.00 $1.00 $1.40 Good Y 100 110 130 $0.80 $0.90 $1.00 Refer to Table. Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 3 is O $270. O $204. O $250. O $222

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