Consider the following table which indicates the amount of beef and maple syrup consumed over 2 consecutive years as well as their price. Quantity Consumed Prices Beef Maple Syrup Beef Maple Syrup (kg) (litres) ($/kg) ($/litre) Year I 30000 10000 100 250 Year 2 35000 7500 140 250 a. Compute the nominal GDP for each year in this economy. b. Using Year I as the base year, compute real GDP for each year. What is the percentage change in real GDP from Year 1 to Year 2? c. Using Year I as the base year, compute the GDP deflator for each year. What is the percentage change in the GDP deflator from Year I to Year 2? d. Repeat Step C, using Year 2 as the base year. e. Why do your answers differ from C and D and what does this say about the effectiveness of the GDP deflator