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3. You are given the price and quantities of three final commodities: Yea I' Price of burger Quantity Price of muffin Quanti ty Price

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3. You are given the price and quantities of three final commodities: Yea I' Price of burger Quantity Price of muffin Quanti ty Price of Quantit y orange 2018 $1 5 $2 10 $3 8 2019 $3 10 $4 15 $5 12 2020 $5 15 $6 20 $7 15 a. Calculate GDP deflator for each year and the inflation rate. [Use 2018 as the base year][6] b. Do you think GDP Deflator and CPI are the same? [Give arguments for and against] [6]

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