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Price of X in 2000: 50
Quantity of X in 2000: 13

Price of Y in 2000: 87
Quantity of Y in 2000: 81

Price of X in 2001: 70
Quantity of X in 2001: 60

Price of Y in 2001: 34
Quantity of Y in 2001: 45

Price of X in 2002: 29
Quantity of X in 2002: 43

Price of Y in 2002: 47
Quantity of Y in 2002: 56

The base year is

2000

Find nominal GDP, real GDP, and the GDP deflator for all 3 years.



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Nominal GDP in 2000: 7697

Nominal GDP in 2001: 5730

Nominal GDP in 2002: 3879

Real GDP in 2000: 7697

Real GDP in 2001: 6915

Real GDP in 2002: 7022

GDP deflator in 2000: 100

GDP deflator in 2001: 82.863340564

GDP deflator in 2002: 55.2406721732