Suppose that a very small economy produces only televisions and computers. Using the information below, what is the nation's nominal GDP in Year 4? Year 1 (base year) : 10 computers sold at $2000 each and 15 televisions sold at $500 each Year 4: 17 computers sold at $2200 each and 20 televisions sold at $550 each A $5250 B $27500 C $48400 D $20900
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