Question: Answer the question based on the following price and output data over a five- year period for an economy that produces only one good. Assume


Answer the question based on the following price and output data over a five- year period for an economy that produces only one good. Assume that year 2 is the base year. Year Units of Output Price Per Unit 8 $2 10 3 3 15 4 4 18 UI UT 20 In year 4, nominal GDP would be: O $316. O $60. O $120. O $90
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