Consider the data shown below for Vicuna, a country that produces only two products: oranges and shirts.
Nominal GDP for Vicuna for 2016 equals
? ?. $4,920.
B. $5,300.
OC. $5,850.
D. $5,100.
Year
2016
2018
Oranges
Produced
1,800
2,000
Price of
Oranges
$0.90
1.00
Shirts
Produced
110
110
Price of Shirts
$30
35