A) Compute the Nominal GDP, Real GDP and GDP Deflator using 2015 as the base year. Also compute the inflation rate. Enter your calculations in the following table: (For the Nominal GDP, Real GDP and GDP Deflator, enter your responses as whole numbers, i.e. no decimals ignoring any $ signs. For Inflation, enter your responses rounded to two decimal places and ignore any % signs) Year Nominal GDP Real GDP GDP Deflator Inflation 2015 2016 2017The following table contains prices and quantities of three items from the land of milk, honey and jam: Commodity B) Compute the CPI using 2015 as the base year. Also compute the inflation rate. Enter your calculations in the following table: (For the CPI, enter your responses as whole numbers, i.e. no decimals. For Inflation, enter your responses rounded to two decimal places and ignore any % signs) Year CPI Inflation 2015 2016 2017 C) According to the GDP Deflator, which year experienced the highest level of inflation? (Enter a 4-digit year: 2015, 2016, 2017) D) According to the CPI, which year experienced the highest level of inflation? Enter a 4-digit year: 2015, 2016, 2017)