A south pacific island produces only coconuts.In 2015,the price of a coconut is $1 and the quantity produced is 200.In 2016,the price of a coconut is $1.50 and the quantity produced is 250.2015 is the base year.Real GDP in 2016 is ________.
A)$1.50
B)$200
C)$375
D)$350
E)$250

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The Answer of A south pacific island produces only coconuts.In 2015,the price of a coconut is $1 and the quantity produced is 200.In 2016,the price of a coconut is $1.50 and the quantity produced is 250.2015 is the base year.Real GDP in 2016 is ________.
A)$1.50
B)$200
C)$375
D)$350
E)$250

A South Pacific Island Produces Only Coconuts