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The following table gives the quantities and prices for 2015 and 2020 for an economy that produces just two goods: sailboats and coconuts. Quantities Produced

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The following table gives the quantities and prices for 2015 and 2020 for an economy that produces just two goods: sailboats and coconuts. Quantities Produced Prices 2015 2020 2015 2020 Sailboats 10 20 $ 500 $ 525 Coconuts 2,000 2,400 $ 1 $ 2 For this economy that produces just sailboats and coconuts, and with 2015 as the base year, nominal GDP was approximately times larger in 2020 than it was in 2015. A 1.34 B 1.65 C 1.77 D 2. 19

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