Question 1 Suppose the information in the following table is for a simple economy that produces only two goods: strawberries and cream. 2018 2019 2020 Product Quantity Price per Quantity Price per unit Quantity Price per unit unit Strawberries 100 $3.00 125 $4.00 150 $5.00 Cream 200 $2.00 400 $2.50 500 $3.00 a) Use the information in the table to calculate nominal GDP, real GDP, and the GDP deflator for each year, assuming that the base year is 2018. Show your calculations. (3 points) b) What are the growth rates of real GDP between 2018 and 2019, and between 2019 and 2020? What do the growth rates tell you? Show your calculations. (2 points)