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Suppose a country only had the following data for production and also was closed to outside trade.

Pizzas sold 5 at $\$5$ each.
Sodas sold 5 at $\$2$ each.
Napkins sold 5 at $\$1$ each.

Which of the following is nominal GDP?

A

$\$8$

B

$\$25$

C

$\$40$

D

$\$65$ because food is always doubled in GDP weighting.

E

Not able to be determined from data.

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