3) The country of Batavia produces only chocolates and watches. Below is a table with recent information on Batavia production and prices. The base year is 2009. Prices and Quantities Price of A Box of Boxes of Year Chocolates Chocolates Price of Watches Quantity of Watches 2008 $4 100 $50 10 2009 $5 90 $50 15 2010 $5 100 $60 15 2011 $6 80 $65 12 a. What was nominal GDP, real GDP, and the GDP deflator for 2008? Show your work. b. What was nominal GDP, real GDP, and the GDP deflator for 2009? Show your work. c. What was nominal GDP, real GDP, and the GDP deflator for 2010? Show your work. d. What was the inflation rate for 2010? Show your work