The table below gives the quantities and prices for 2010 and 2015 for an economy that produces just two goods: sailboats and coconuts. Quantity producedPrice 2010201520102015Sailboats1020$500$525Coconuts2,0002,400$1$2For this economy that produces just sailboats and coconuts, and with 2010 is the base year, nominal GDP was approximately ________ times larger in 2015 than it was in 2010.
A. 1.77
B. 1.34
C. 2.19
D. 1.65
Answer: C
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