Question 1. (12 points, 3 points each) Table 1: Quantity Consumed and Price of Good Base Year Later Year Price of good A 100 200 Quantity of good A 100 200 Price of good B 100 100 Quantity of good B 100 100 In the table above, the citizens of country XYZ come to desire more of good A. As a result, the quantity and price of the good both rise. a. Compute nominal GDP in the base year and later year. (3 points) b. Compute real GDP in the base and later years (in base-year prices). (3 points) c. Compute the GDP deflator in the later year, using your answers to parts a and b. (3 points) d. Compute a fixed-weight price index (for example, CPI) for the later year, using the base-year quantities as weights. (3 points)