Table 1:   2021 2022 Product Quantity Price…

Table 1:   2021 2022 Product Quantity Price Quantity Price Hats 200 $14 202 $15 Hamburgers 1800 $1 1750 $1 Tablets 40 $200 41 $205   Refer to Table 1.  Consider the Table 1 data for a simple economy.  All goods are final goods.  For dollar figures, do not use decimals.  For percentages, round to nearest 100th (for example, 5.73).  I encourage you to show your work.   Calculate Nominal GDP for 2022. Calculate Real GDP for 2022 using 2021 as the base year. Calculate Real GDP for 2021 using 2021 as the base year. Calculate economic growth between 2021 and 2022.

If the Fed orders an expansionary monetary policy, describe…

If the Fed orders an expansionary monetary policy, describe what will happen in the short run to the following variables relative to what would have happened without the policy based on the standard AD/AS model with adaptive expectations (SRAS is upward sloping throughout the relevant range): a) Money Supply will [MS]. b) Interest rates will [IR]. c) Investment (I) will  [I]. d) Consumption (C) will [C]. e) The aggregate demand curve (AD) will [AD]. f) The price level will [PL]

The healthcare provider has ordered 750 mg of ampicillin. Th…

The healthcare provider has ordered 750 mg of ampicillin. The vial is a 1 g vial, and after reconstitution, the label reads 1 g/5 mL. How many mL will you administer?   Do not provide the unit of measurement. Only provide the number. Round to one decimal place (tenths).