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suppose that in year 1 an economy produces 100 golf balls that sell for $4.65 each and 75 pizzas that sell for $8 each. The

suppose that in year 1 an economy produces 100 golf balls that sell for $4.65 each and 75 pizzas that sell for $8 each. The next year the economy produces 200 golf balls that sell for $5.75 each and 80 pizzas that sell for $9 each.

Reference: Ref 11-2

(Scenario: Real GDP) Using year 1 as the base year, real GDP in year 2 is:

A.$1430.5

B.$1570.

C.$1,000.

D.$1,077.50.

E.$900.

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