Use the information below to calculate the GDP Deflator for both years and the inflation rate. The base year is 1970. Assume that there are only 3 goods in the economy: eggs, calculators, and microwave ovens. Market Basket 1970 Prices 1975 Quantity $0.40 Dozen Eggs 22 $17.00 14 $70.00 4 Calculator Microwave Please enter all answers to one decimal place. What is the GDP deflator for 1975? GDP deflator: What is the GDP deflator for 1976? GDP deflator: 1975 Prices 1976 Quantity $0.60 25 $13.50 17 $170.00 7 1976 Prices $0.90 $14.00 $170.00 What was the inflation rate from 1975 to 1976? Enter a negative number if there was deflation.