The tables below show data on prices and quantities of Oranges and Shoes produced in China.

Data for 2014

Price of Oranges

Quantity of Oranges

Price of Shoes

Quantity of Shoes

0.7

200

10

270

Data for 2015

Price of Oranges

Quantity of Oranges

Price of Shoes

Quantity of Shoes

0.9

150

14

250

Data for 2016

Price of Oranges

Quantity of Oranges

Price of Shoes

Quantity of Shoes

1.4

300

15

330

1. Given this data, what is the Nominal GDP in 2014?

2. What is the Nominal GDP in 2015?

3. What is the Nominal GDP in 2016?

4. Using 2014 as the base year, what is the Real GDP in 2014?

5. Using 2014 as the base year, what is the Real GDP in 2015?

6. Using 2014 as the base year, what is the Real GDP in 2016?

7. Using 2014 as the base year, what is the GDP Deflator in 2014?

8. Using 2014 as the base year, what is the GDP Deflator in 2015?

9. Using 2014 as the base year, what is the GDP Deflator in 2016?

10. Using 2014 as the base year, what is the growth rate of the GDP deflator (also know as inflation rate) between 2014 to 2015?

11. Using 2014 as the base year, what is the growth rate of the GDP deflator (also know as inflation rate) between 2015 to 2016?

Imagine us is a startup that offers high definition 3d prenatal ultrasounds for high-end customers. the service process includes four activities that are conducted in the sequence described below. (the time required for each activity is shown in parentheses): activity 1: welcome a patient and explain the procedure. (20 minutes)activity 2: prep the patient (e. g., show them to the room, apply ultrasound gel). (17 minutes) (*your id number represents the amount of time needed to complete this task)activity 3: take images. (5 minutes)activity 4: discuss diagnostic with patient. (20 minutes)at each location there are employees (servers) s1, s2, and s3. the assignment of tasks to servers is the following: s1 does activities 1 and 2.s2 does activity 3.s3 does activity 4.a. what is the capacity of this process (in customers per hour)? b. suppose 3 patients arrive every hour on average. ignoring any “start of day” or “end of day” effects, what are the utilizations of all three servers (%)? c. suppose each activity can be done by any server and any server can do any set of activities. however, each activity is done by only one server. for example, a possible assignment includes: s1 does activity 1, s2 does activity 2, and s3 does activities 3 and 4. of course, the original assignment of servers to activities is also feasible. what is the maximum capacity of the process (in customers per hour)? d. now consider the capacity measures in (c) and (a), what is the percentage change? why can you improve capacity without using additional resources? (there is no free lunch, right? )note: for all hw assignments, show your process of getting the results. only providing the final answers is not acceptable and will get 0%. if necessary, use a separate sheet of paper to show your work.