This website automatically generates GDP practice problems. There is no limit to how many problems you can try. Press the "Refresh" button on your browser to generate a new problem.

Price of X in 2000: 3

Quantity of X in 2000: 35

Price of Y in 2000: 5

Quantity of Y in 2000: 91

Price of X in 2001: 55

Quantity of X in 2001: 56

Price of Y in 2001: 71

Quantity of Y in 2001: 29

Price of X in 2002: 69

Quantity of X in 2002: 67

Price of Y in 2002: 71

Quantity of Y in 2002: 9

The base year is

2000Find nominal GDP, real GDP, and the GDP deflator for all 3 years.

Scroll all the way down to see the solutions

Nominal GDP in 2000: 560

Nominal GDP in 2001: 5139

Nominal GDP in 2002: 5262

Real GDP in 2000: 560

Real GDP in 2001: 313

Real GDP in 2002: 246

GDP deflator in 2000: 100

GDP deflator in 2001: 1641.85303514

GDP deflator in 2002: 2139.02439024