3. Consider a simple economy in which only two goods are produced and sold: pizza and beer. The prices and quantities produced of these two goods over a three-year period is shown in the table below. 2011 is the base year. The CPI basket contains 2012 quantities. [8 points] Year Price of Quantity of Price of Quantity of Beer Pizza Pizza Beer 2009 $2 100 $1.5 200 2010 $3 100 $2 200 2011 $4 200 $2.5 400 2012 $4.5 250 $3 300 a. Calculate the inflation rate in 2010 using the GDP deflator b. Calculate the inflation rate in 2010 using the CPI