Suppose That, in Year 1, an Economy Produces 200 Golf

Multiple Choice

Suppose that, in year 1, an economy produces 200 golf balls that sell for $3 each and 75 pizzas that sell for $8 each. The next year, the economy produces 210 golf balls that sell for $3.50 each and 80 pizzas that sell for $9 each. The value of nominal GDP in years 1 and 2, respectively, is:

A) $1,200 and $1,455.
B) $1,200 and $1,455
C) $1,455 and $1,200.
D) $1,455 and $1,200
E) $12,000 and $14,550.
F) $12,000 and $14,550
G) $275 and $290
H) $275 and $290.