QUES. The country of Econland produces two goods: apples and oranges. The following table shows the quantity of apples and oranges with the price of each listed in rupees:

	Year 1	Year 2
	Quantity	Price	Quantity	Price
Apples	8000	Rs 4	10,000	Rs 3
Oranges	6000	Rs 8	5000	Rs 14

A. Assume that the base year is Year 1. Find the growth rate of real GDP from Year 1 to Year 2?

B. Calculate the inflation rate from Year 1 to Year 2 using the GDP deflator?

C. Rohit, an Indian citizen, owns and manages a pizza shop in New York, United States. He buys fresh cheese and bread produced by U.S. workers, pays bills to a U.S. company, and employs only U.S. citizens. What part, if any, of the pizza shop's production is included in U.S. Gross domestic product (GDP)?