The given circuit consists of resistors arranged in a combination of series and parallel.
Let's analyze the circuit step by step:
1. The two resistors \( R \) are in parallel. The equivalent resistance \( R_{\text{eq1}} \) of two resistors in parallel is given by:
\[
R_{\text{eq1}} = \frac{R}{2}
\]
2. This equivalent resistance is in series with resistor \( P \), so the total equivalent resistance \( R_{\text{eq}} \) of the circuit is:
\[
R_{\text{eq}} = R_{\text{eq1}} + P = \frac{R}{2} + R = \frac{3R}{2}
\]
Thus, the equivalent resistance between points X and Y is \( \frac{3R}{2} \), which is option (2).