Suppose GDP consists of wheat and rice. In 2011, 200 kg of wheat are sold at $4 per kg, and 100 kg of rice are sold at $2 per kg. If in 2012, the base year, the price of wheat was $1 per kg and the price of rice was $2 per kg, then for year 2011:
A) nominal GDP is $1000, real GDP is $250
B) nominal GDP is $400, real GDP is $1000
C) nominal GDP is $400, real GDP is $250
D) nominal GDP is $1000, real GDP is $400
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