Since the GMAT is usually very basic testing things and uses intergers a lot of the time, sometimes an easy check once you solve for the XY equations is to use real numbers. Since XY=1 you can assume that its going to be 1 x 1 = 1 Plug those in and its 2 ^(2^2) / 2^(0^2)...so (2^4)/(2^0)...16/1 = 16
Depending how fast you move through the test it helps to check your math...I know most of the mistakes I make in the XY equations are dumb and if I plug in numbers I usually can catch them. If a problem has taken you a long time to figure out already it may be best just to go with what you got if it is one of the available answers.