4. Below are some data from the land of milk and honey. Year Price of Milk Quantity of Milk Price of Honey Quantity of Honey 2010 $1 100 quarts $2 50 quarts 2011 1 200 2 100 2012 2 200 4 100 (a)Compute nominal GDP, real GDP, and the GDP deflator for each year using 2010 as the base year. (b) Calculate the inflation rates in years 2011 and 2012 using the GDP deflator