Assume That a Small Country Produces Only Green Peppers and Red

Multiple Choice

Assume that a small country produces only green peppers and red peppers.Last year,it produced 100 green peppers and 50 red peppers and sold them at prices of $2 per green pepper and $3 per red pepper.This year,it produced 150 green peppers and 60 red peppers and sold them at prices of $2 per green pepper and $4 per red pepper.What is real GDP this year if the base year is last year?

A) $540
B) $400
C) $890
D) $350
E) $480