(Answered)-Year Price of Good 1 Quantity of Good 1 Price of Good 2 Quantity - (2025 Updated Original AI-Free Solution

Question

1. ?

   Year	Price of Good 1	Quantity of Good 1	Price of Good 2	Quantity of Good 2
   2009	$20	50	$10	20
   ...	...	...	...	...
   2014	$30	60	$20	30
   2015	$33	70	$22	35

   
   

   Consider the table above that shows prices and quantities of two goods produced in a hypothetical country. The base year is 2009. The nominal GDP in 2014 equals:?

   	Nominal GDP in 2014 = 1,800
   	Nominal GDP in 2014 = 1,900
   	Nominal GDP in 2014 = 2,000
   	Nominal GDP in 2014 = 2,100
   	Nominal GDP in 2014 = 2,400