Refer to the information provided in Table Table Production Prices Good X 50 Good Y 100 Year 1 Year 2 Year 3 50 $1.00 $0.60 Year 1 Year 2 Year 3 $1.20 $0.60 $1.20 $1.00 60 120 140 Refer to Table...

Extracted text: Refer to the information provided in Table Table Production Prices Good X 50 Good Y 100 Year 1 Year 2 Year 3 50 $1.00 $0.60 Year 1 Year 2 Year 3 $1.20 $0.60 $1.20 $1.00 60 120 140 Refer to Table Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 3 is Select one: а. $212. b. $180. С. $144. d. $160.


Extracted text: Refer to the information provided in Table Table $Billions Durable goods 600 Nonresidential investment 400 Federal purchases of goods Exports State and local purchases of goods Residential investment 350 300 100 150 Services 900 Imports Change in business inventories Nondurable goods 100 -40 800 Refer to Table The value for net exports in billions of dollars is Select one: а. 200. b. 400. С. -200. d. 100.