In 2020 and 2021, a country produced two products: X, Y, and Z. The quantities produced and the prices are given below: Quantity of X in units Year 2020 8 2021 10 a. b. C. d. Price of X in $ 5 5.4 Quantity of Y in units 2 3 Price of Y in Quantity of Z in units $ 6 7 4 6 Find the nominal GDP for 2020 and 2021? Find the real GDP for 2020 and 2021 using 2020 as a base year? Find the GDP deflator for 2021? Find the inflation rate in 2021 using the GDP deflator? Price of Z in $ 2 3.5

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