Suppose an Economy Produces Only Cranberries and Maple Syrup

Multiple Choice

Suppose an economy produces only cranberries and maple syrup.In 2006,50 units of cranberries are sold at $20 per unit and 100 units of maple syrup are sold at $8 per unit.In 2005,the base year,the price of cranberries was $10 per unit and the price of maple syrup was $15 per unit.For 2006,

A) nominal GDP is $1800,real GDP is $2000,and the GDP deflator is 90.
B) nominal GDP is $1800,real GDP is $2000,and the GDP deflator is 111.1.
C) nominal GDP is $2000,real GDP is $1800,and the GDP deflator is 90.
D) nominal GDP is $2000,real GDP is $1800,and the GDP deflator is 111.1.