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The Table Below Gives the Quantities and Prices for 2000

Question 72

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The table below gives the quantities and prices for 2000 and 2010 for an economy that produces just two goods: sailboats and coconuts.  Quantity produced  Price 2000201020002010 Sailboats 1020$500$525 Coconuts 2,0002,400$1$2\begin{array} { | l | c | c | c | c | } \hline& { \text { Quantity produced } } && { \text { Price } } \\\hline & \mathbf { 2 0 0 0 } & \mathbf { 2 0 1 0 } & \mathbf { 2 0 0 0 } & \mathbf { 2 0 1 0 } \\\hline \text { Sailboats } & 10 & 20 & \$ 500 & \$ 525 \\\hline \text { Coconuts } & 2,000 & 2,400 & \$ 1 & \$ 2 \\\hline\end{array} For this economy that produces just sailboats and coconuts, and with 2000 is the base year, real GDP was approximately ______ times larger in 2010 than it was in 2000.


A) 1.34
B) 1.65
C) 1.77
D) 2.19

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