Consider the Data Shown in the Table A)$5,104,500
B)$5,229,000
C)$4,980,000
D)$4,800,000

Multiple Choice

Consider the data shown in the table. Assume that the economy produces only barrels of oil. What is the real GDP for this year using last year as the base year?
$$\begin{array} { | l | c | c | } \hline & \begin{array} { c } \text { Barrels of } \\\text { Oil Sold }\end{array} & \begin{array} { c } \text { Actual } \\\text { Price }\end{array} \\\hline \text { Last year } & 80,000 & \$ 60 \\\hline \text { This year } & 83,000 & \$ 63 \\\hline\end{array}$$

A) $5,104,500
B) $5,229,000
C) $4,980,000
D) $4,800,000