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Price of X in 2000: 40
Quantity of X in 2000: 94

Price of Y in 2000: 50
Quantity of Y in 2000: 71

Price of X in 2001: 65
Quantity of X in 2001: 87

Price of Y in 2001: 88
Quantity of Y in 2001: 95

Price of X in 2002: 87
Quantity of X in 2002: 24

Price of Y in 2002: 85
Quantity of Y in 2002: 5

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: 7310

Nominal GDP in 2001: 14015

Nominal GDP in 2002: 2513

Real GDP in 2000: 7310

Real GDP in 2001: 8230

Real GDP in 2002: 1210

GDP deflator in 2000: 100

GDP deflator in 2001: 170.29161603888

GDP deflator in 2002: 207.68595041322