1. In 2020 and 2021, a country produced two products: X and Y. The quantities produced and the prices are given below: Quantity of Price of X Quantity of Price of Year X in units in $ Y in units Y in $ 2020 10 2 12 5 2021 12 3 14 3.5 1. Find the nominal GDP for 2020 and 2021? 2. Find the real GDP for 2020 and 2021 using 2020 as a base year? 3. Find the GDP deflator for 2021? 4. Find the inflation rate in 2021 using the GDP deflator