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Year Price of Strawberries Quantity of Strawberries Price of Steak Quantity of Steak 2018 $4 10 $10 5 2019 $5 15 $10 5 2020 $6
| Year | Price of Strawberries | Quantity of Strawberries | Price of Steak | Quantity of Steak |
| 2018 | $4 | 10 | $10 | 5 |
| 2019 | $5 | 15 | $10 | 5 |
| 2020 | $6 | 20 | $15 | 5 |
Using the table above, what is the nominal GDP in 2019 using 2018 as the base year?
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$90
$110
$125
$130
$150
$195
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Rethinking Macroeconomics
Authors: John F McDonald
2nd Edition
1000434699, 9781000434699
