MCQOPTIONS
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				| 1. | 
                                    Assume that there are two goods, A and B. In 1996, Americans produced 10 units of A at a price of $10 and 20 units of B at a price of $20. In 2002, Americans produced 20 units of A at a price of $20 and 30 units of B at a price of $30. The Nominal GDP for 2002 is: | 
                            
| A. | $100 | 
| B. | $400 | 
| C. | $500 | 
| D. | $900 | 
| Answer» B. $400 | |