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: 82
Quantity of X in 2000: 10

Price of Y in 2000: 17
Quantity of Y in 2000: 1

Price of X in 2001: 89
Quantity of X in 2001: 73

Price of Y in 2001: 32
Quantity of Y in 2001: 42

Price of X in 2002: 45
Quantity of X in 2002: 26

Price of Y in 2002: 52
Quantity of Y in 2002: 45

The base year is

2002

Find 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: 837

Nominal GDP in 2001: 7841

Nominal GDP in 2002: 3510

Real GDP in 2000: 502

Real GDP in 2001: 5469

Real GDP in 2002: 3510

GDP deflator in 2000: 166.73306772908

GDP deflator in 2001: 143.37173157799

GDP deflator in 2002: 100